The ASX200 is set to fall with futures down -0.25 per cent near 8.30am AEDT on Thursday.
However, with NVIDIA beating expectations in its post-US-market report overnight and its reckoning that there’s only good times ahead – the local bourse could take this as one big signal.
NVIDIA is, after all, basically leading the US stock market – and as a consequence, global equity sentiment.
Rio Tinto reported post-Aus-market yesterday too, posting five year earnings lows but boosting its dividend to keep everybody happy – something we’re seeing a lot of this reporting season.
Here’s stocks catching eyes this morning:
Lithium Plus Minerals (LPM) has made an operational update.
The company is updating its shareholders on “exploration and advancement.”
The company’s drilling focus will shift to areas with “discovery potential beyond Lei,” the company’s flagship.
Shares last at 18.5cps.
Piedmont Lithium (PLL) has made an update on its shareholdings.
Its sold off its shares in heavily shorted player Sayona Mining (SYA).
Shareholders had widely been expecting the move.
Shares last at 6.4cps.
Woomera Mining (WML) has made an exploration update.
This relates to auger drilling at its Mt Short JV.
The company is reporting a read of gold up to “60ppb” – parts per billion. That’s a pretty laughable result.
Shares last at 0.4cps.
Enova Mining (ENV) has made an update on its listing status.
Or rather, it hasn’t.
The company is suspended from quotation today.
Shares last at 3c – not that that matters for now.
Calidus Resources (CAI) has made a comment on its Maiden Reserve.
Fixed to the Bulletin play, Calidus sees a “step-change.”
What is perhaps more important is the company’s Pre-Feas Study alos announced today which advertises “low upfront capex” but does not give a figure.
Shares last at 15.5c.