This week’s top stock charged 360 per cent after securing a big cheque. Plus there were hefty gains for a company with a COVID treatment and plenty of love for an accurate drilling program.
Brought to you by CPS Capital
FLASHPOINT - TRANSCRIPT
Tim - But first here's Matt Birney with the ASX Runners of the Week. Thanks to CPS Capital.
Matt Birney - Thanks Tim.
Matt Birney - MGC Pharmaceuticals had a good hit out this week after its anti-inflammatory COVID-19 drug was listed over the counter in the U.S. Its shares leapt from 0.8 to 1.3 cents up 62 and a half per cent.
Matt Birney - Akora Resources nailed every one of its 86 drill holes in Madagascar recently, hitting iron ore in all of them. Punters pushed its 14-cent share price to 22 and a half cents for the week.
Matt Birney - Besra Gold was in the news again bolting 360 per cent after a major shareholder offered to bankroll his proposed Malaysian gold mine. Besra hit 18 and a half cents from its close of just 4 cents last week and its share price graph is now starting to look a bit like the classic hockey stick.
Matt Birney - And finally Mincor Resources started the week at just over a buck and ramped up to $1.67 after Twiggy Forest's Wyloo Metals made a takeover play for it. Mincor piled on about 55 for the week.
Matt Birney - Now there's a good way to get your share price up. Shake your tail feather in front of Australia's richest man.
Comments