A software provider targeting happy employees has blitzed the field on the ASX this week with a rise of 277 per cent, while two companies chasing nickel – both here and overseas – also saw big gains.
FLASHPOINT - TRANSCRIPT
Tim - But first here's Matt Birney with the ASX Runners of the Week.
Tim - Thanks to Argonaut
Matt Birney - Thanks Tim
Matt Birney - Well workplace wellbeing software provider Limeade roared to the top of the leaderboard this week on the back of a friendly merger with online healthcare provider WebMD after clocking off last week at just 11 cents a share. Limeade flew to 41 and a half cents on Friday.
Matt Birney - Resources & Energy Group also went whoosh this week bolting 216 per cent after getting onto some nickel and cobalt in its first drill campaign for the year near Menzies. Its shares touched 3.8 cents after closing out last week at just 1.2.
Matt Birney - Alvo Minerals was another to join the 200 per cent club this week when it closed a deal to pick up a rare earths project in Brazil its stock rocketed from 14 and a half to 43 and a half cents.
Matt Birney - And finally Adavale Resources put on 137 per cent to hit 3.8 cents from a low of 1.6 after hitting massive nickel sulphides at its project in Tanzania.
Matt Birney - And with nickel sulphides becoming increasingly harder to find and demand only heading north fast, that one was always going to bump the chart.