ATLAS IRON LTD (ASX: AGO)
AGO Stock surged up 29% on January 02, 2018 with the rise in prices for iron ore that earns high as Australia’s biggest export commodity to above $70 a tonne from around $50 in 2017. This has come at the back of release of positive economic data from China. The group had lately entered into a mine gate sale agreement with Pilbara for the sale of a minimum of 1Mt of run-of-mine lithium-tantalum ore from PLS Pilgangoora Project. The stock is worth a watch in 2018.
ZYBER HOLDINGS LTD (ASX: ZYB)
Software player, Zyber’s stock rallied over 22.2% like AGO, with the release of its response to ASX Price Query, relating to trading of securities on 27 December 2017 and intra-day high of $0.022 on January 02, 2018, to which the group clarified on being aware of no such information that explains the trading scenario. The group is in compliance with the listing rules. In the last six months, the stock is up 200% as at December 29, 2017.
ZIPTEL LTD (ASX: ZIP)
Telecommunications’ company, Ziptel surged up 18.5% on January 02, 2018 despite any specific news from the group. In the first quarter of FY18, ZIP executed an agreement with Space Digital Media Ltd for integration of ZipT IP into a new social platform, Convo Mobile Application. The group is gradually gaining traction with its FY18 focus on setting a cash flow positive business.
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