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Atlas Iron dethrones Serpentine Technologies as Most Active in early trade

Published: 11:02 12 Jan 2018 AEDT

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The ASX most active in the first 45 minutes of trade

Atlas Iron Ltd (ASX:AGO) has taken back the mantle as the most traded stock on the ASX at 10:45am, with 32 million changing hands.

Shares have also added 3.1% to $0.033.

Atlas is currently undergoing a diversification strategy which is expected to generate strong free cashflow for a minimal capital outlay.

Under a deal with Pilbara Minerals (ASX:PLS), Atlas will purchase 1 million tonnes to 1.5 million tonnes of lithium DSO from the company over 15 months.

Also providing some trader action once again is Serpentine Technologies Ltd (ASX:S3R), which has had volume of 29 million shares, although its valuation has remained flat at $0.014.

The company is actively reviewing opportunities across a number of sectors including Blockchain enabled technologies.

Company Name Code Last Change Volume
Atlas Iron Ltd AGO $0.033 3.13% 33,200,588
Serpentine Technologies Ltd S3R $0.014 0% 29,364,735
Orinoco Gold Ltd OGX $0.059 15.69% 20,399,392
Vital Metals Ltd VML $0.013 -7.14% 19,175,729
Chapmans Ltd CHP $0.019 11.77% 13,164,076
Ardiden Ltd ADV $0.027 12.50% 13,082,653
Sayona Mining Ltd SYA $0.110 -4.35% 12,881,726
Clancy Exploration Ltd CLY $0.005 25% 12,054,579
Terrain Minerals Ltd TMX $0.012 9.09% 10,716,692
Dark Horse Resources Ltd DHR $0.033 0% 9,715,062

 

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