Join our daily newsletter At The Bell to receive exclusive market insights
Greetings and welcome to HotCopper‘s Trends article for Tuesday 5th of August, running through the most popular announcements on the website around (late) lunch.
Today I’m hereafter skipping over Trigg Minerals which has issued a trading halt regarding a “material acquisition” – watch this space.
Elsewhere:
- Telix Pharma (ASX:TLX) – The company’s Tues announcement was by far the most popular with forum users (perhaps because a lot of people are otherwise at Diggers) with an update of ‘historical financials in USD.’ Some users were confused as to what Telix was outlining, here, but with shares down -11.4%, it’s obvious that expectations, somewhere, weren’t quite satisfied.
- Falcon Metals (ASX:FAL) – Proving it’s still a very good time to be a gold explorer, the company surged +15% in morning trades as Falcon unveiled visible gold in drill hits from its Blue Moon asset. The calculus here is simple, and some users even regretted recently selling off shares.
- Hot Chili (ASX:HCH) – The company was up nearly +3 in late lunch trades after the developed copper stock unveiled a $14M rights issue towards the issuance of a maiden MRE for its La Verde asset; however despite the upward prise movement, not all users were overly pleased. Perhaps saving the stock on Tuesday is that the effective raising price is at a premium.
Join the discussion: See what’s trending right now on HotCopper, Australia’s largest stock forum, and be part of the conversations that move the markets.
