Thursday’s HotCopper trends: Silex, Meeka Metals, and other daily winners | Oct 23

With more than seven million users on the HotCopper forums, every discussion and speculation can move Australian markets, which is why getting out in front of those trends is so important for any trader worth their salt.

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In this daily HotCopper Trends column, we break down the top three stocks talked about on any given trade day, and why they’ve drawn a daily focus.

The top-trending Aussie company today has been Silex Systems (ASX:SLX), with the tech commercialisation company achieving a huge milestone for its laser-based uranium-enrichment tech today.

According to Silex, the tech just hit “Readiness Level Six” (which must be good) after a large-scale demonstration was held just recently in Kentucky.

Through to lunchtime, SLX shares have been $8.61.

Elsewhere, Meeka Metals (ASX:MEK) has been much-watched and much-discussed after it reported that its quarterly cash flow had “exceeded expectations.”

The gold producer’s MD, Tim Davidson, said it was “pleasing to see operations ramping up with both processing plant performance, mining productivity, and unit costs largely tracking in line with or beating the start-up plan.”

On the strong report, MEK has been trading +1.25% higher.

And finally, Stakk (ASX:SKK) is trending after recording top growth across its SaaS-based embedded-finance platform Stakk IQ. The tech company – one of the few on the ASX – has become a bit of a darling on the HotCopper forums thanks to its 2025 YTD performance; the stock is up as much as +650% since January.

At a macro level, the ASX has been -0.17% through today, buoyed by Energy, up +2.87%, but weighed somewhat by struggling Tech, -1.04%.

That’s Thursday’s HotCopper Market Trends, I’m Isaac McIntyre – see you for close.

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The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.