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Closing Bell: ASX 200 continues to soar as Japara set to agree to takeover deal

Stockhead logo Stockhead 27/07/2021 Eddy Sunarto
Alexa Moreno jumping up in the air: Closing Bell: ASX 200 continues to soar as Japara set to agree to takeover deal © Stockhead Australia Closing Bell: ASX 200 continues to soar as Japara set to agree to takeover deal

The ASX 200 touched intraday record highs, but could not hold on and closed the day just shy of its all time high.

The benchmark index finished 0.46% higher at 7,428, and is now on track to finish July on a 10-month winning streak.

Six out of 11 sectors were in the green, with Mining and Energy leading the way, up by around 1.5% each.

The ASX Emerging Companies Index meanwhile, closed the day just 0.11% higher.

 

TODAY’S BIGGEST SMALLCAP WINNERS

Scroll or swipe to reveal table. Click headings to sort.

Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.

Code Name Price % Change Volume
CLZ Classic Min Ltd 0.0015 50.0% 18,151,841
PCL Pancontinental Oil 0.0015 50.0% 8,622,349
AX8 Accelerate Resources 0.04 25.0% 16,526,227
IEC Intra Energy Corp 0.01 25.0% 836
WOO Wooboard Tech Ltd 0.0025 25.0% 2,175,933
A3D Aurora Labs Limited 0.095 23.4% 7,219,511
EME Energy Metals Ltd 0.185 23.3% 23,286
WLD Wellard Limited 0.076 22.6% 4,274,345
ECG Ecargo Hldg 0.03 20.0% 16,793
EXR Elixir Energy Ltd 0.24 20.0% 6,618,381
JHC Japara Healthcare Lt 1.38 18.5% 11,402,284
AQN Aquirianlimited 0.235 17.5% 1,782,484
ASH Ashley Services Grp 0.505 17.4% 413,555
MRD Mount Ridley Mines 0.0035 16.7% 12,615,453
WCN White Cliff Min Ltd 0.015 15.4% 3,482,148
AO1 Assetowl Limited 0.008 14.3% 1,439,698
AUQ Alara Resources Ltd 0.016 14.3% 10,563
CAV Carnavale Resources 0.008 14.3% 3,400,000
IVT Inventis Limited 0.008 14.3% 1,211,111
ALC Alcidion Group Ltd 0.405 14.1% 4,710,336
SMN Structural Monitor. 0.465 13.4% 424,820
BAT Battery Minerals Ltd 0.017 13.3% 2,995,754
88E 88 Energy Ltd 0.0385 13.2% 115,567,112
 

Aged-care company Japara Healthcare (ASX:JHC) jumped by 18% after its Board unanimously recommended the 100% takeover of the company by Little Company of Mary Health Care for $1.40 per share, valuing the company at $380 million. The proposal will be voted at a shareholders’ meeting, with the JHC stock price closing at $1.38 today.

Starpharma (ASX:SPL) rose 9% after confirming that its anti-viral nasal spray, VIRALEZE, is potent against the delta variant of SARS-CoV-2, reducing infectivity of the virus by >99.99% after 30 seconds of exposure.

3D printing technology company, Aurora Labs (ASX:A3D) rose again by 23% today and added to its 13% gain yesterday, after announcing the completion of Phase 2 testing to measure the capability of its RMP-1 Beta prototype printing in 316L stainless steel at high power.

Uranium explorer Deep Yellow (ASX:DYL) also rose 9%, after confirming that its Tumas Project mining licence aplication was officially lodged with the Namibian Ministry of Mines and Energy on July 21. The company is currently progressing a feasibility study (DFS) at Tumas, focused on evaluating a possible uranium operation.

TODAY’S BIGGEST SMALLCAP LOSERS

Scroll or swipe to reveal table. Click headings to sort.

Code Name Price % Change Volume
NPM Newpeak Metals 0.001 -50.0% 1,424,166
MLS Metals Australia 0.0015 -25.0% 7,040,246
TYX Tyranna Res Ltd 0.006 -25.0% 17,275,825
STK Strickland Metals 0.049 -16.9% 12,793,798
AUK Aumake Limited 0.025 -16.7% 3,942,175
CCE Carnegie Cln Energy 0.0025 -16.7% 11,013,736
PTX Prescient Ltd 0.18 -16.3% 13,702,931
FLN Freelancer Ltd 0.95 -15.9% 993,151
AMI Aurelia Metals Ltd 0.405 -15.6% 28,967,200
GBE Globe Metals &Mining 0.12 -14.3% 282,055
ADX ADX Energy Ltd 0.007 -12.5% 775,665
LVE Love Group Global 0.07 -12.5% 100,619
ARN Aldoro Resources 0.44 -12.0% 638,939
AQC Auspaccoal Ltd 0.185 -11.9% 48,515
RIE Riedel Resources Ltd 0.015 -11.8% 1,250,477
ACP Audalia Res Ltd 0.016 -11.1% 900,000
GMR Golden Rim Resources 0.008 -11.1% 1,025,766
HMI Hiremii 0.088 -11.1% 469,568
PNX PNX Metals Limited 0.008 -11.1% 1,263,664
RIM Rimfire Pacific 0.008 -11.1% 1,233,349
RTE Retech Tech Co., Ltd 0.25 -10.7% 69,640
PNM Pacific Nickel Mines 0.061 -10.3% 686,641
DM1 Desert Metals 0.36 -10.0% 618,393
AVE Avecho Biotech Ltd 0.018 -10.0% 1,115,395
AXP AXP Energy Ltd 0.0045 -10.0% 4,498,433
 

ANNOUNCEMENTS YOU MAY’VE MISSED

China-focused digital marketing and e-commerce company, RooLife Group (ASX: RLG) announced strategic changes to its Board composition, with Ms Ye (Shenny) Ruan joining the Board as an independent Non-Executive Director, and Mr Tim Allison stepping down from his role as Non- Executive Director, with the changes effective 27th July. Ms Ruan has 26 years of experience in various financial management roles in global companies, including APAC roles in China, Singapore, Indonesia and Australia.

Recently listed hearing tech company, Audeara (ASX:AUA), released its first earnings report since its ASX debut, reporting a 56% year-on-year increase in its quarterly revenue to $329k. Its audiology clinic revenue was also up 82% year-on-year, and represents the highest quarterly sales result in audiology clinics since the company was founded.

TRADING HALTS

Wednesday

Metal Tiger (ASX:MTR) – capital raising

Jayex (ASX:JTL) – strategic investment

Capricorn Metals (ASX:CMM) – acquisition

Caeneus Minerals (ASX:CAD) – capital raising

Simble Solutions (ASX:SIS) – capital raising

Caprice Resources (ASX:CRS) – acquisition

Theta Gold Mines (ASX:TGM) – financing transaction

Dubber (ASX:DUB) – capital raising

Thursday 

Pilbara Minerals (ASX:PLS) – cleansing correction

BPM Minerals (ASX:BPM) – cleansing correction

Australian Mines (ASX:AUZ) – capital raising

Imugene (ASX:IMU) – capital raising

Aroa Biosurgery (ASX:ARX) – capital raising

Magnis Energy Technologies (ASX:MNS) – capital raising

Victory Mines (ASX:VIC) – capital raising

The post Closing Bell: ASX 200 continues to soar as Japara set to agree to takeover deal appeared first on Stockhead.

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