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Daily Newsletter: Total Australian Market ex All Ordinaries Index increases 3.7 points
Tuesday July 16, 2019

Market capitalization of the Total Australian Market ex All Ordinaries Index rose 0.1% or $A92.9 million to $A164.2 billion on Tuesday. Amongst the 960 Stocks traded in the Total Australian Market ex All Ordinaries Index today, 330 (20.9%) advanced, 328 were (20.8%) unchanged and 302 (19.2%) declined. 615 (39%) were untraded.TODAY'S TRADING SNAPSHOT
StocksNo.%
Untraded61539
Advanced33020.9
Unchanged32820.8
Declined30219.2
Total1575100

SECTION 1 TOP TWENTY STOCKS BY DIVIDEND YIELD

Company NameLast, AUD% Yield
Hillgrove Resources (HGO)0.0720.3
Adacel Technologies (ADA)0.4419.3
Capral (CAA)0.114.3
Tamawood (TWD)3.713.2
Shriro Holdings (SHM)0.5512.7
Energy Action (EAX)0.3511.4
NAOS Small Cap Opportunities Company (NSC)0.5911
Universal Coal (UNV)0.2810.5
360 Capital Total Return Fund (TOT)1.1610.3
PTB Group (PTB)0.6810.3
Reject Shop (TRS)2.0910.1
Shaver Shop Group (SSG)0.469.6
Mayfield Childcare (MFD)0.979.2
Cadence Capital (CDM)0.769.2
National Tyre & Wheel (NTD)0.418.7
AMCIL (AMH)0.98.7
Credit Intelligence (CI1)0.018.6
Mirrabooka Investments (MIR)2.588.5
RXP Services (RXP)0.448.5
Sandon Capital Investments (SNC)0.838.4

SECTION 2 TOP TWENTY STOCKS WITH LOWEST P/E

Company NameLast, AUDP/E
Acrow Formwork and Construction Services (ACF)0.331.7
Cellnet Group (CLT)0.191.8
Metallica Minerals (MLM)0.021.8
Viking Mines (VKA)0.012.2
K2 Asset Management (KAM)0.052.5
Tap Oil (TAP)0.112.6
Contrarian Value Fund (CVF)1.043.5
Energy Action (EAX)0.353.5
NGE Capital (NGE)0.693.6
Reject Shop (TRS)2.093.6
Buru Energy (BRU)0.263.8
Kingsrose Mining (KRM)0.033.9
Evans & Partners Global Disruption Fund (EGD)2.173.9
Adacel Technologies (ADA)0.444.1
Glennon Small Companies (GC1)0.844.3
Acorn Capital Investment Fund (ACQ)1.054.5
WAM Microcap (WMI)1.264.5
Peninsula Energy (PEN)0.214.5
Westoz Investment (WIC)1.064.6
Ozgrowth (OZG)0.164.7

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
Magellan Global Trust (MGG)1.861.88
Credible Labs (CRD)2.112.18
Xenith IP Group (XIP)2.382.4
Rectifier Technologies (RFT)0.070.07
Beacon Minerals (BCN)0.030.03
Ryder Capital (RYD)1.331.33
URB Investments (URB)1.091.1
Dreamscape Networks (DN8)0.20.2
Ironbark Capital (IBC)0.50.5
Magellan Global Equities Fund (MHG)3.433.43
IODM (IOD)0.10.1
Hitech Group Australia (HIT)1.181.19
Joyce (JYC)1.61.6
Oventus Medical (OVN)0.40.45
De.Mem (DEM)0.240.24
Smart Marine Systems (SM8)0.030.03
Chant West Holdings (CWL)0.080.08

3.2 Top Twenty on price rises

Company NameLast, AUDPrice ChangeComment
Impact Minerals (IPT)0.010.4c [80.0%]Volume 3.5 times average
South Pacific Resources (SPB)0.010.2c [66.7%]Volume 8.6 times average
Astro Resources (ARO)00.1c [50.0%]Volume 2.9 times average
Whitebark Energy (WBE)0.010.2c [50.0%]Volume 4.8 times average
Quantify Technology Holdings (QFY)0.010.2c [50.0%]Volume 3.6 times average
Nanollose (NC6)0.072.1c [44.7%]Volume 19.6 times average
Lincoln Minerals (LML)0.010.2c [40.0%]Volume 1.6 times average
De.Mem (DEM)0.246.5c [37.1%]Volume 27.1 times average
Oventus Medical (OVN)0.49c [29.0%]Volume 8.2 times average
New Energy Minerals (NXE)0.020.5c [26.3%]Price rise on beating relative strength
Immuron (IMC)0.143c [26.1%]Volume 6.9 times average
Moreton Resources (MRV)0.010.1c [25.0%]Price rise on rising relative strength
Oro Verde (OVL)0.010.1c [25.0%]Volume 6.9 times average
EVE Investments (EVE)0.010.1c [25.0%]Price rise on rising relative strength
Allegra Orthopaedics (AMT)0.132.5c [23.8%]Volume 4.5 times average
IODM (IOD)0.11.8c [22.5%]Volume 2.4 times average
Gulf Manganese (GMC)0.010.1c [20.0%]Volume 1.8 times average
Parkway Minerals (PWN)0.010.1c [20.0%]Volume 3.6 times average
Buderim Group (BUG)0.213.5c [19.4%]Price rise on beating relative strength
Hylea Metals (HCO)0.071.1c [19.3%]Volume 5.8 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
BNK Banking Corporation (BBC)0.590.59
European Lithium (EUR)0.080.08
Melbana Energy (MAY)0.010.01
MSL Solutions (MPW)0.070.07
The Pas Group Pty (PGR)0.120.12
Alterity Therapeutics (ATH)0.030.03
Aus Tin Mining (ANW)0.010.01
Alliance Resources (AGS)0.090.09
Sayona Mining (SYA)0.010.01
Living Cell Technologies (LCT)0.020.02
Azumah Resources (AZM)0.010.01
Tesserent (TNT)0.040.04
Inca Minerals (ICG)00
Intellihr Holdings (IHR)0.070.07
Bentley Capital (BEL)0.070.07
Pancontinental Oil & Gas (PCL)00
Nexus Minerals (NXM)0.040.04
Oakajee (OKJ)0.050.05
Tyranna Resources (TYX)00
Great Western Exploration (GTE)00

4.2 Bottom Twenty on price falls

Company NameLast, AUDPrice ChangeComment
Global Vanadium (GLV)0-0.1c [-50.0%]Price/MAP50 below 1
Pancontinental Oil & Gas (PCL)0-0.1c [-50.0%]Price/MAP50 below 1
Great Western Exploration (GTE)0-0.2c [-40.0%]Volume 39.7 times average
Amani Gold (ANL)0-0.1c [-33.3%]Price fall on slipping relative strength
Pepinnini Lithium (PNN)0-0.1c [-33.3%]Price/MAP50 below 1
Inca Minerals (ICG)0-0.1c [-25.0%]Price fall on slipping relative strength
Gibb River Diamonds (GIB)0.03-1c [-25.0%]Continues significant downtrend
Tyranna Resources (TYX)0-0.1c [-20.0%]Price fall on slipping relative strength
Bioxyne (BXN)0.02-0.5c [-20.0%]Price/MAP50 below 1
Norwood Systems (NOR)0-0.1c [-20.0%]Price/PMAP200 below 1
Terrain Minerals (TMX)0-0.1c [-20.0%]Volume 6 times average
Invitrocue (IVQ)0.06-1.4c [-20.0%]Volume 10.5 times average
Tomizone (TOM)0-0.1c [-20.0%]Volume 2.3 times average
GTI Resources (GTR)0.02-0.4c [-17.4%]Volume 14.1 times average
Oakajee (OKJ)0.05-0.9c [-16.1%]Volume 59.5 times average
Jindalee Resources (JRL)0.33-6c [-15.6%]Price fall on slipping relative strength
Authorised Investment Fund (AIY)0.02-0.4c [-15.4%]Volume 3.8 times average
Biotron (BIT)0.08-1.5c [-15.2%]Volume 1.8 times average
DataDot Technology (DDT)0.01-0.1c [-14.3%]Volume 3.2 times average
Entek Energy (ETE)0.01-0.1c [-14.3%]Price/MAP50 below 1

SECTION 5 BEARISH CANDLESTICK PATTERNS

Company NameLast, AUDComment*
Brockman Mining(BCK)0.04Bearish Kicker
* A Bearish Kicker Chart pattern is formed at the end of an uptrend, when it encounters resistance in an overbought area.

SECTION 6 ANNOUNCEMENTS

6.1 Total Shares On Issue

CodeExcerpt
AEEAura Energy (AEE.AU) has announced an increase of 21,256,117 shares (or 1.7%) in total shares on issue from 1,223,891,343 to 1,245,147,460. The effective date is Friday, July 12.

6.2 Dividend

CodeExcerpt
DJWDjerriwarrh Investments today announced a final dividend of 10.0c per share, franked to 100%. The ex dividend date is Monday, August 05, 2019 and the record date is Tuesday, August 06, 2019 and it is payable on Tuesday, August 27.

6.3 Annual General Meeting

CodeExcerpts
S3RSerpentine Technologies has announced its Annual General Meeting will take place on Thursday, August 15.
TIETietto Minerals has announced its Annual General Meeting will take place on Tuesday, August 13.

6.4 Press releases

CodeHeadlines
BARBARRA RESOURCES: QUARTER ENDING 30 JUNE 2019
BYIBEYOND INTERNATIONAL: ASX TRADING UPDATE FY2019

6.5 Financial Results

CodeHeadline
UBIUniversal Biosensors: Appendix 4C - quarterly

6.6 Net Assets Value

CodeExcerpt
FORForager Australian Shares Fund (FOR.AU) has announced its net asset value per share (NAV) was $A1.32 as on Monday, July 15, a decrease of 0.8% in NAV from $A1.33 as on Friday, July 12. The shares closed at $A1.21 and represent a discount to NAV of 8.3%.

6.7 Net Tangible Assets

CodeExcerpts
AEGAbsolute Equity Performance Fund (AEG.AU) has announced its net tangible asset backing per share (NTA) was $A1.01 as on Friday, July 12, a decrease of 1.0% in NTA from $A1.02 as on Friday, July 05. The shares closed at 92.0c and represent a discount to NTA of 8.9%.
AGMAustralian Governance And Ethical Index Fund (AGM.AU) has announced its net tangible asset backing per share (NTA) was $A1.97 as on Friday, July 12, a decrease of 1.0% in NTA from $A1.99 as on Friday, July 05. The shares closed at $A1.92 and represent a discount to NTA of 2.5%.
EFFEvans & Partners Australian Flagship Fund (EFF.AU) has announced its net tangible asset backing per share (NTA) was $A1.68 as on Friday, July 12, a decrease of 1.2% in NTA from $A1.70 as on Friday, July 05.
EGDEvans & Partners Global Disruption Fund (EGD.AU) has announced its net tangible asset backing per share (NTA) was $A2.22 as on Friday, July 12, a decrease of 0.4% in NTA from $A2.23 as on Friday, July 05. The shares closed at $A2.17 and represent a discount to NTA of 2.3%.
LSFL1 Long Short Fund (LSF.AU) has announced its net tangible asset backing per share (NTA) was $A1.788 as on Thursday, July 11, a decrease of 0.1% in NTA from $A1.79 as on Wednesday, July 10. The shares closed at $A1.41 and represent a discount to NTA of 21.1%.
OPHOphir High Conviction Fund (OPH.AU) has announced its net tangible asset backing per share (NTA) was $A2.65 as on Monday, July 15, a decrease of 0.7% in NTA from $A2.67 as on Friday, July 12. The shares closed at $A2.58 and represent a discount to NTA of 2.6%.
TGGTempleton Global Growth Fund (TGG.AU) has announced its net tangible asset backing per share (NTA) was $A1.454 as on Friday, July 12, a decrease of 1.0% in NTA from $A1.468 as on Friday, July 05. The shares closed at $A1.25 and represent a discount to NTA of 13.9%.

6.8 Buyback of Shares

CodeExcerpts
AGMAustralian Governance And Ethical Index Fund (AGM.AU) announced a buyback of 7,059 units worth $A13,694 (or $US9,628) on July 15, 2019.
ALFAustralian Leaders Fund (ALF.AU) announced a buyback of 63,983 shares worth $A59,184 (or $US41,611) on July 15, 2019.
CDMCadence Capital (CDM.AU) announced a buyback of 45,000 shares worth $A34,650 (or $US24,361) on July 15, 2019.
EAFEvans & Partners Asia Fund (EAF.AU) announced a buyback of 133,449 units worth $A162,808 (or $US114,465) on July 15, 2019.
EAIEllerston Asian Investment (EAI.AU) announced a buyback of 37,238 shares worth $A35,748 (or $US25,134) on July 15, 2019.
EASEaston Investments (EAS.AU) announced a buyback of 1,405 shares worth $A1,279 (or $US899) on July 15, 2019.
EGDEvans & Partners Global Disruption Fund (EGD.AU) announced a buyback of 105,013 units worth $A228,928 (or $US160,953) on July 15, 2019.
EGFEvans & Partners Global Flagship Fund (EGF.AU) announced a buyback of 69,758 units worth $A113,008 (or $US79,453) on July 15, 2019.
EGIEllerston Global Investments (EGI.AU) announced a buyback of 74,185 shares worth $A70,847 (or $US49,810) on July 15, 2019.
FZRFitzroy River (FZR.AU) announced a buyback of 2,611 shares worth $A483 (or $US340) on July 15, 2019.
KATKatana Capital (KAT.AU) announced a buyback of 24,100 shares worth $A18,316 (or $US12,877) on July 15, 2019.
MMJMMJ Group Holdings (MMJ.AU) announced a buyback of 350,000 shares worth $A103,250 (or $US72,592) on July 15, 2019.
NSCNAOS Small Cap Opportunities Company (NSC.AU) announced a buyback of 8,696 shares worth $A5,218 (or $US3,668) on July 15, 2019.
TGGTempleton Global Growth Fund (TGG.AU) announced a buyback of 60,000 shares worth $A75,000 (or $US52,730) on July 15, 2019.

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

Top three Stocks
Company NameLast, AUDPV$A1000 [1week]
Shareroot (SRO)02,000
Terrain Minerals (TMX)02,000
South Pacific Resources (SPB)0.011,667
Bottom three Stocks
Company NameLast, AUDPV$A1000 [1week]
MSL Solutions (MPW)0.07625
Ultracharge (UTR)0667
Syntonic (SYT)0667

SECTION 7 UPCOMING EVENTS

7.1 Meetings

Name [Code]Event DateEvent NameEvent Address
Livetiles [LVT]17 Jul 2019 09:00am(AEST)Extraordinary General MeetingAutomic Group Level 5, 126 Phillip Street Sydney NSW 2000

7.2 Dilutions

Name [Code]Event NameRatioEffective DateRecord Date
Indoor Skydive Australia [IDZ]Rights Issue2.5 new shares for every 1 share17 Jul 201918 Jul 2019

SECTION 8 ECONOMIC INDICATORS

8.1 Global Commodities Spot Prices

CommoditiesPrice ($US)% ChangeUnit% YTD
Gold1,4190.75Troy Ounce10.3
Silver15.19-0.3Troy Ounce-2.5
Copper2.70.43Pound0
Crude oil60.420.6Barrel23.5
Natural gas2.492.13MMBTU-32.1
Brent crude66.16-0.51Barrel18.5
Class iii milk17.34-0.12100 Pounds25.4
Corn4500.36100 Bushels19.9
Soyabean oil28.050.36100 Pounds1.9
Against principal trading currencies, the AUD rates today are:
FXCloseInversePIP% YTD
AUD/USD0.70371.42113.01-0.3
AUD/EUR0.62491.60029.921.1
AUD/JPY75.99080.0132245.19-2.5
AUD/GBP0.56241.778229.21
AUD/CHF0.69311.44276.31-0.3
AUD/CAD0.91821.089117.81-4.6
AUD/NZD1.0450.9569-13.43-0.7
AUD/CNY4.83730.206718.49-0.4
AUD/INR48.23640.020733.02-2.2
AUD/IDR9,785.16190.0001-126,098.54-4.2
AUD/MYR2.89110.345916.66-1.1

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

IndicesClose% Change% YTD Change
This Market
All Ordinaries6,736-0.118.2
S&P/ASX 2006,641-0.217.8
Compare with:
FTSE 1007,5320.311.8
Dow Jones Industrials27,3590.117.3
HSI28,5150.0810.5
S&P 5003,0140.0220.2
Nikkei 22521,526-0.78.3

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-Year0.99.1-83
Australia 5-Year1.0651-86
Australia 10-Year1.453.4-87
Australia 15-Year1.583.1-88
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