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Daily Newsletter: Total Australian Market ex All Ordinaries Index hits year-high
Monday July 22, 2019

Market capitalization of the Total Australian Market ex All Ordinaries Index fell 0.1% or $A101.8 million to $A165.6 billion on Monday. Amongst the 1015 Stocks traded in the Total Australian Market ex All Ordinaries Index today, 350 were (22.2%) unchanged, 335 (21.3%) declined and 330 (21%) advanced. 559 (35.5%) were untraded.TODAY'S TRADING SNAPSHOT
StocksNo.%
Untraded55935.5
Unchanged35022.2
Declined33521.3
Advanced33021
Total1574100

SECTION 1 TOP TWENTY STOCKS BY DIVIDEND YIELD

Company NameLast, AUD% Yield
Hillgrove Resources (HGO)0.0720
Adacel Technologies (ADA)0.4518.9
Tamawood (TWD)3.6813.3
Capral (CAA)0.1213
Shriro Holdings (SHM)0.5712.3
NAOS Small Cap Opportunities Company (NSC)0.5910.9
Universal Coal (UNV)0.2810.5
PTB Group (PTB)0.6810.3
360 Capital Total Return Fund (TOT)1.1910.1
Reject Shop (TRS)2.0810.1
Prime Financial (PFG)0.079.8
Shaver Shop Group (SSG)0.479.4
Cadence Capital (CDM)0.779.1
Mayfield Childcare (MFD)1.038.7
Mirrabooka Investments (MIR)2.548.7
Veris (VRS)0.068.6
AMCIL (AMH)0.98.6
RXP Services (RXP)0.448.5
Ashley Services (ASH)0.298.5
Sandon Capital Investments (SNC)0.838.4

SECTION 2 TOP TWENTY STOCKS WITH LOWEST P/E

Company NameLast, AUDP/E
Cellnet Group (CLT)0.171.6
Acrow Formwork and Construction Services (ACF)0.321.7
Zeta Resources (ZER)0.351.7
Axiom Properties (AXI)0.042.1
K2 Asset Management (KAM)0.052.2
Viking Mines (VKA)0.012.2
TPC Consolidated (TPC)0.72.5
Tap Oil (TAP)0.122.7
Contrarian Value Fund (CVF)1.043.5
NGE Capital (NGE)0.683.6
Reject Shop (TRS)2.083.6
Kingsrose Mining (KRM)0.033.9
Evans & Partners Global Disruption Fund (EGD)2.163.9
Buru Energy (BRU)0.284.1
Glennon Small Companies (GC1)0.814.1
Adacel Technologies (ADA)0.454.2
Peninsula Energy (PEN)0.24.4
Acorn Capital Investment Fund (ACQ)1.054.5
WAM Microcap (WMI)1.34.6
Westoz Investment (WIC)1.094.7

SECTION 3 BULLISH SIGNALS: TECHNICALS

3.1 New 52-week Highs

Stocks hitting their new 52-week high through the day included:
Company NameLast, AUD52-Wk High, AUD
BKI Investment (BKI)1.641.67
Vista Group (VGL)5.885.88
Image Resources (IMA)0.290.29
Liontown Resources (LTR)0.170.17
Alcidion Group (ALC)0.190.2
Medusa Mining (MML)0.70.7
Compumedics (CMP)0.740.76
Academies Australasia (AKG)0.470.5
Silver Mines (SVL)0.080.08
Bluechiip (BCT)0.10.11
Emmerson Resources (ERM)0.130.13
Spectrum Metals (SPX)0.040.04
FFI Holdings (FFI)4.564.56
Bligh Resources (BGH)0.160.16
Egan Street Resources (EGA)0.340.35
Monash Absolute Investment (MA1)0.90.9
S2 Resources (S2R)0.140.14
Mayfield Childcare (MFD)1.031.03
Advanced Share Registry (ASW)0.760.76
Selfwealth (SWF)0.170.17

3.2 Top Twenty on price rises

Company NameLast, AUDPrice ChangeComment
Equus Mining (EQE)0.020.6c [54.5%]Volume 6.5 times average
Grand Gulf Energy (GGE)00.1c [50.0%]Volume 4.4 times average
Talon Petroleum (TPD)00.1c [50.0%]Price rise on beating relative strength
Scidev (SDV)0.185c [37.0%]Volume 19.8 times average
Suda Pharmaceuticals (SUD)00.1c [33.3%]Volume 8.2 times average
Flexiroam (FRX)0.020.5c [33.3%]Volume 4.9 times average
Reffind (RFN)00.1c [33.3%]Price rise on rising relative strength
Regeneus (RGS)0.12.4c [29.6%]Price rise on beating relative strength
S2 Resources (S2R)0.143c [27.3%]Volume 1.5 times average
Surefire Resources (SRN)0.010.1c [25.0%]Continues significant uptrend
Tyranna Resources (TYX)0.010.1c [25.0%]
Collaborate (CL8)0.010.2c [25.0%]Price rise on beating relative strength
Spectrum Metals (SPX)0.040.8c [25.0%]Volume 12.1 times average
First Au (FAU)0.020.4c [23.5%]Volume 9.1 times average
Jervois Mining (JRV)0.244.5c [23.1%]Volume 3.4 times average
Carawine Resources (CWX)0.122.2c [22.4%]Volume 17.6 times average
DGO Gold (DGO)0.8515c [21.4%]Price rise on beating relative strength
IXUP (IXU)0.122.1c [21.2%]Price rise on beating relative strength
Cellmid (CDY)0.244c [20.0%]Price rise on beating relative strength
Perpetual Resources (PEC)0.040.6c [19.4%]Volume 1.7 times average

SECTION 4 BEARISH SIGNALS: TECHNICALS

4.1 New 52-week Lows

Stocks hitting their new 52-week low through the day included:
Company NameLast, AUD52-Wk Low, AUD
Nuheara (NUH)0.050.05
European Lithium (EUR)0.080.08
Thorn Group (TGA)0.270.27
Bassari Resources (BSR)0.010.01
Hexagon Resources (HXG)0.090.09
Artemis Resources (ARV)0.030.03
Real Energy (RLE)0.050.05
MSL Solutions (MPW)0.070.07
Superior Lake Resources (SUP)0.020.01
Platina Resources (PGM)0.040.04
Big River Gold (BRV)0.010.01
Leaf Resources (LER)0.020.02
Syntonic (SYT)00
Millinium's Alternatives Fund (MAX)55
Bentley Capital (BEL)0.070.07
Zeus Resources (ZEU)0.010.01

4.2 Bottom Twenty on price falls

Company NameLast, AUDPrice ChangeComment
Amani Gold (ANL)0-0.1c [-33.3%]Price fall on slipping relative strength
Syntonic (SYT)0-0.1c [-33.3%]Price/MAP50 below 1
Techniche (TCN)0.03-1c [-27.0%]
Ardiden (ADV)0-0.1c [-25.0%]Price fall on slipping relative strength
Pepinnini Lithium (PNN)0-0.1c [-25.0%]Price/MAP50 below 1
Leaf Resources (LER)0.02-0.7c [-23.3%]Volume 4.4 times average
Zeus Resources (ZEU)0.01-0.2c [-22.2%]Volume 55.9 times average
NEW Standard Energy (NSE)0-0.1c [-20.0%]Price fall on slipping relative strength
White Cliff Minerals (WCN)0-0.1c [-20.0%]Volume 3.8 times average
Valor Resources (VAL)0-0.1c [-20.0%]Price fall on falling relative strength
Walkabout Resources (WKT)0.28-6c [-17.6%]Volume 4.8 times average
Millinium's Alternatives Fund (MAX)5$A-1 [-16.7%]Volume 45.1 times average
Powerhouse Ventures (PVL)0.05-1c [-16.7%]
Lithium Consolidated (LI3)0.05-1c [-16.7%]Continues significant downtrend
Medibio (MEB)0.02-0.3c [-15.0%]Volume 12 times average
Oro Verde (OVL)0.01-0.1c [-14.3%]Volume 2.2 times average
AHAlife Holdings (AHL)0.01-0.1c [-14.3%]Volume 2.4 times average
Avenira (AEV)0.01-0.1c [-14.3%]Price/MAP50 below 1
Shree Minerals (SHH)0.01-0.1c [-14.3%]Volume 3.4 times average
Coppermoly (COY)0.01-0.1c [-14.3%]Volume 1.9 times average

SECTION 5 BEARISH CANDLESTICK PATTERNS

Company NameLast, AUDComment*
Hearts and Minds Investments(HM1)3.04Bearish Engulfing
Telix Pharmaceuticals(TLX)1.64Bearish Engulfing
* A bearish engulfing pattern is a candlestick chart pattern when a small green candlestick of rising prices is followed the next day by a larger red engulfing candlestick pattern of falling prices

SECTION 6 ANNOUNCEMENTS

6.1 Total Shares On Issue

CodeExcerpts
KFEKogi Iron (KFE.AU) has announced an increase of 1,903,492 shares (or 0.3%) in total shares on issue from 660,644,742 to 662,548,234. The effective date is Thursday, August 22.
M7TMach7 Technologies (M7T.AU) has announced an increase of 33,333 shares (or 0.02%) in total shares on issue from 149,438,231 to 149,471,564. The effective date is Thursday, July 18.
NCCNaos Emerging Opportunities (NCC.AU) has announced an increase of 8,213 shares (or 0.01%) in total shares on issue from 59,910,700 to 59,918,913. The effective date is Monday, July 22.
PCKPainchek (PCK.AU) has announced an increase of 600,000 shares (or 0.1%) in total shares on issue from 906,658,727 to 907,258,727. The effective date is Thursday, August 22.
VANVango Mining (VAN.AU) has announced an increase of 9,059,726 shares (or 1.4%) in total shares on issue from 628,420,057 to 637,479,783. The effective date is Friday, July 19.

6.2 Annual General Meeting

CodeExcerpts
NMSNeptune Marine Services has announced its Annual General Meeting will take place on Thursday, August 29.
PYGPaygroup has announced its Annual General Meeting will take place on Thursday, August 22.

6.3 Press releases

CodeHeadlines
DRODroneShield wins Defence Innovation Network scheme grant
EN1EN1 12 New Partners Go Live
EXLElixinol Global: Global IP rights for microencapsulation technology acquired
IBGIronbark Zinc: High Grade Study commenced
RTRRumble Resources: $10m Farm Out of Lamil Project in the Paterson Province
RTRRumble signs $10m Farm Out of Lamil Project in the Paterson Province
S2RS2 Resources: More Nickel Intersected at Polar Bear, WA
SCTScout Expands Security Suite with Launch of Video Doorbell
SUDSuda Pharmaceuticals: European Anagrelide Cancer Patent
SVTServTech FrameS Platform to receive $300k in R&D funding
TLMTalisman Mining: Lachlan Project Update - new high-grade gold-in-soil targets

6.4 Financial Results

CodeHeadlines
ARLArdea Resources: June 2019 Quarterly Activities and Cashflow Report
MOBMobilicom: Q2 2019 Quarterly Activities Report with Appendix 4C
RFRRafaella Resources: Quarterly Activities and Cashflow Reports

6.5 Net Assets Value

CodeExcerpts
ABWAurora Absolute Return Fund (ABW.AU) has announced its net asset value per share (NAV) was 28.50c as on Friday, July 19. The shares closed at 19.0c and represent a discount to NAV of 33.3%.
AIBAurora Global Income Trust (AIB.AU) has announced its net asset value per share (NAV) was 14.50c as on Friday, July 19. The shares closed at 10.0c and represent a discount to NAV of 31.0%.
AUPAurora Property Buy-Write Income Trust (AUP.AU) has announced its net asset value per share (NAV) was $A3.66 as on Friday, July 19, an increase of 0.3% in NAV from $A3.65 as on Thursday, July 18. The shares closed at $A1.81 and represent a discount to NAV of 50.5%.
FORForager Australian Shares Fund (FOR.AU) has announced its net asset value per share (NAV) was $A1.34 as on Friday, July 19, a decrease of 0.7% in NAV from $A1.35 as on Thursday, July 18. The shares closed at $A1.22 and represent a discount to NAV of 9.3%.

6.6 Net Tangible Assets

CodeExcerpts
CDMCadence Capital (CDM.AU) has announced its net tangible asset backing per share (NTA) was $A1.05 as on Friday, July 19, an increase of 1.0% in NTA from $A1.04 as on Friday, July 12. The shares closed at 77.0c and represent a discount to NTA of 26.7%.
HM1Hearts and Minds Investments (HM1.AU) has announced its net tangible asset backing per share (NTA) was $A3.07 as on Friday, July 19, a decrease of 1.0% in NTA from $A3.10 as on Friday, July 12. The shares closed at $A3.08 and represent a premium to NTA of 0.3%.
LSFL1 Long Short Fund (LSF.AU) has announced its net tangible asset backing per share (NTA) was $A1.79 as on Wednesday, July 17, a decrease of 0.3% in NTA from $A1.794 as on Tuesday, July 16. The shares closed at $A1.44 and represent a discount to NTA of 19.8%.
NBINB Global Corporate Income Trust (NBI.AU) has announced its net tangible asset backing per share (NTA) was $A2.02 as on Friday, July 19. The shares closed at $A2.05 and represent a premium to NTA of 1.5%.
PCIPerpetual Credit Income Trust (PCI.AU) has announced its net tangible asset backing per share (NTA) was $A1.107 as on Friday, July 19. The shares closed at $A1.17 and represent a premium to NTA of 5.2%.
RF1Regal Investment Fund (RF1.AU) has announced its net tangible asset backing per share (NTA) was $A2.63 as on Friday, July 19, an increase of 0.8% in NTA from $A2.61 as on Friday, July 12. The shares closed at $A2.53 and represent a discount to NTA of 3.8%.

6.7 Buyback of Shares

CodeExcerpts
AEGAbsolute Equity Performance Fund (AEG.AU) announced a buyback of 45,078 shares worth $A41,246 (or $US29,040) on July 19, 2019.
AGMAustralian Governance And Ethical Index Fund (AGM.AU) announced a buyback of 4,291 units worth $A8,239 (or $US5,801) on July 19, 2019.
ALFAustralian Leaders Fund (ALF.AU) announced a buyback of 30,156 shares worth $A28,196 (or $US19,851) on July 19, 2019.
BAFBlue Sky Alternatives Access Fund (BAF.AU) announced a buyback of 15,000 shares worth $A11,550 (or $US8,132) on July 19, 2019.
CDMCadence Capital (CDM.AU) announced a buyback of 900 shares worth $A698 (or $US491) on July 19, 2019.
DBFDuxton Broadacre Farms (DBF.AU) announced a buyback of 5,000 shares worth $A6,250 (or $US4,400) on July 19, 2019.
EAFEvans & Partners Asia Fund (EAF.AU) announced a buyback of 9,868 units worth $A12,039 (or $US8,476) on July 19, 2019.
EAIEllerston Asian Investment (EAI.AU) announced a buyback of 41,499 shares worth $A39,839 (or $US28,049) on July 19, 2019.
EGDEvans & Partners Global Disruption Fund (EGD.AU) announced a buyback of 7,983 units worth $A17,323 (or $US12,196) on July 19, 2019.
EGFEvans & Partners Global Flagship Fund (EGF.AU) announced a buyback of 41,118 units worth $A65,789 (or $US46,319) on July 19, 2019.
EGIEllerston Global Investments (EGI.AU) announced a buyback of 17,933 shares worth $A17,126 (or $US12,058) on July 19, 2019.
MMJMMJ Group Holdings (MMJ.AU) announced a buyback of 51,161 shares worth $A14,837 (or $US10,446) on July 19, 2019.
NACNAOS Ex-50 Opportunities Company (NAC.AU) announced a buyback of 25,000 shares worth $A21,625 (or $US15,225) on July 19, 2019.
NSCNAOS Small Cap Opportunities Company (NSC.AU) announced a buyback of 55,000 shares worth $A33,000 (or $US23,234) on July 19, 2019.
SECSpheria Emerging Companies (SEC.AU) announced a buyback of 17,118 shares worth $A30,812 (or $US21,694) on July 19, 2019.
TGGTempleton Global Growth Fund (TGG.AU) announced a buyback of 1,862 shares worth $A2,337 (or $US1,645) on July 19, 2019.

6.8 People in Business

CodeExcerpts
GFSGasfields has appointed David Sutton as Non-Executive Director. The appointment takes effect from Jul 22, 2019.
MDRCarlo Campiciano of MedAdvisor has stepped down as CFO. The effective date is Jul 22, 2019.
MRVMoreton Resources has appointed Brett Garland as Director. The appointment takes effect from Jul 22, 2019.
MRVMoreton Resources has appointed Robin Lonergan as Director. The appointment takes effect from Jul 22, 2019.
TGSTiger Resources has appointed Jozsef Patarica as COO. The appointment takes effect from Jul 22, 2019.
XAMDarryl Clark of Xanadu Mines has stepped down as Non-Executive Chairman. The effective date is Jul 22, 2019.

6.9 Present Value Changes For AUD1,000 invested one week ago

Top three Stocks
Company NameLast, AUDPV$A1000 [1week]
TPC Consolidated (TPC)0.71,762
Argent Minerals (ARD)0.021,700
Silver Mines (SVL)0.081,674
Bottom three Stocks
Company NameLast, AUDPV$A1000 [1week]
Shareroot (SRO)0500
Metals Australia (MLS)0500
Great Western Exploration (GTE)0600

SECTION 7 UPCOMING EVENTS

7.1 Meetings

Name [Code]Event DateEvent NameEvent Address
Doriemus [DOR]23 Jul 2019 11:00 a.m.Annual General MeetingAt the offices of Hill Dickinson LLP 105 Jermyn Street St James s LONDON EW1Y 6EE

7.2 Dilutions

Name [Code]Event NameRatioEffective DateRecord Date
Landmark White [LMW]Rights Issue4 new shares for every 5 shares23 Jul 201924 Jul 2019
De Grey Mining [DEG]Rights Issue1 new share for every 1.28 shares23 Jul 201924 Jul 2019

SECTION 8 ECONOMIC INDICATORS

8.1 Global Commodities Spot Prices

CommoditiesPrice ($US)% ChangeUnit% YTD
Gold1,4540Troy Ounce13.1
Silver16.52.83Troy Ounce6
Copper2.793.06Pound3.3
Crude oil56.450.8Barrel15.4
Natural gas2.30.39MMBTU-37.2
Brent crude62.55-1.14Barrel12.1
Class iii milk17.4-0.06100 Pounds25.8
Corn4301.27100 Bushels14.8
Soyabean oil28.191.84100 Pounds2.4
Against principal trading currencies, the AUD rates today are:
FXCloseInversePIP% YTD
AUD/USD0.70381.4209-26.98-0.3
AUD/EUR0.62731.5941-2.731.5
AUD/JPY75.99170.0132-563.84-2.5
AUD/GBP0.56281.7767-10.041.1
AUD/CHF0.69221.4447-28.86-0.5
AUD/CAD0.91941.0877-19-4.5
AUD/NZD1.03890.9625-37.28-1.3
AUD/CNY4.8410.2066-172.25-0.3
AUD/INR48.58020.0206-395.22-1.5
AUD/IDR9,821.90510.0001-101,890.05-3.8
AUD/MYR2.89570.3453-77.05-0.9

8.2 Against principal global indices, these markets compared today as:

IndicesClose% Change% YTD Change
This Market
All Ordinaries6,781-0.0718.9
S&P/ASX 2006,691-0.118.7
Compare with:
Dow Jones Industrials27,154-0.216.4
FTSE 1007,5090.211.5
S&P 5002,977-0.618.7
HSI28,554-0.711.3
Nikkei 22521,407-0.37.3

8.3 Macro Economic Indicators: Australia

IndicatorValue
GDP (USD Billion)1,432
GDP growth yoy (%)1.8
Interest rate (%)1.0
Inflation rate (%)1.3
Public debt (USD) (billion)400.9
Public debt per person (USD)16,819
Total annual debt change (%)0.5
Debt to GDP ratio (%)40.7
Budget Deficit to GDP(%)0.6
CAD to GDP(%)1.5
Population (million)23.9

8.4 Australia Sovereign Bonds [with Change in basis points]

Term of MaturityToday's Yield (%)Today's ChangeYTD Change
Australia 3-Year0.943.2-88
Australia 5-Year1.011-91
Australia 10-Year1.353-1.6-96
Australia 15-Year1.489-.9-97
Australian Rating Summary
Rating AgencyLong TermForeign CurrencyDescription
Moody'sAaa
S&PAAAExtremely strong capacity to meet financial commitments. Highest Rating.
FITCHAAAHighest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGAA+"AA" ratings denote expectations of very low default risk. It indicates that the issuer has a very strong capacity for payment of financial commitments. Although due to its relatively higher long-term risk, this capacity is not significantly vulnerable to any foreseeable event. The plus (+) sign shows relative standing within the major rating