The ASX 200 has dipped into the red through lunchtime trade, to 8,531 points, despite morning futures suggesting the bourse would rise slightly.
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Firefly Metals (ASX:FFM) has been far and away the most discussed stock on HotCopper forums today after pulling the brakes this morning. The June trading halt, the company later disclosed, is because it recently bagged $75 million through a dual market equity raise to support its development strategy at Green Bay.
And – ever-popular HotCopper forums pick Advance Metals (ASX:AVM) has been raking in comments after the miner pocketed approvals at Myrtleford; drilling is now set to recommence across three sites on the Happy Valley Trend.
Also trending has been Clarity Pharmaceuticals (ASX:CU6), after the radiopharma company announced positive results from its diagnostic Phase Two DISCO trial.
In sectors, Materials, up +0.69%, and IT, up +0.7%, have defied the bourse’s red trend.
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