3 Most Discussed Stocks On The Table - ECX, SPX, ASN

  • Apr 04, 2019 AEDT
  • Team Kalkine
3 Most Discussed Stocks On The Table - ECX, SPX, ASN

Eclipx Group Limited

The Sydney-based Eclipx Group Limited (ASX: ECX) offers fleet, equipment  leasing and management, vehicle rentals and other online auction services. As of September 30th, 2018, Eclipx managed/financed around 117,060 vehicles across Australia and New Zealand, with $ 2.4 billion in assets under management. On 4th April 2019, the ECX stock closed the market trading session at AUD 0.830, up 7.8% by AUD 0.060 with ~ 18.23 million shares traded.

On April 3rd, 2019, the company announced to have terminated the Scheme Implementation Agreement dated November 8th, 2018 with McMillan Shakespeare Limited (ASX: MMS). Accordingly, both units have agreed that Eclipx will reimburse McMillan with $ 8 million covering the costs that it has incurred to date in connection with the SIA and the proposed scheme.

Eclipx has also informed that its results for the first half of 2019 will be released on May 24th, 2019 tentatively. Besides, the company also provided a market update on March 27th, 2019, entailing various crucial business developments and particularly the transformation office and $ 20 million cost reduction program details.

Spectrum Metals Limited

Spectrum Metals Limited (ASX: SPX) is a metals and mining sector company engaged in exploration and development of gold deposits in high-grade, brown fields assets located in West Australia. On April 4th, 2019, the SPX stock price ended the market trading at AUD 0.028, down 3.45%.

Recently the company announced its first set of assay results from the drilling below the open pit at Penny West, situated 25-km south of the Youanmi region in Western Australia. The incredible intercepts from hole SPWRC006 was noted as 5m at 28.9 grams per tonne gold from 203m, including 1m at 103 grams per tonne gold from 203m, within 31m at 5.50 grams per tonne gold from 203m. Currently, Spectrum is planning a program of RC and diamond holes to follow up the latest drilling. This follows another set of assays received from the drilling at Penny North and released on March 29th, 2019, thus confirming the high-grade gold mineralisation in this zone. Post that the stock has sky-rocketed om ASX.

Anson Resources Limited

Anson Resources Limited (ASX: ASN), based in West Perth, explores and develops natural resources  including lithium, zinc, gold, silver, graphite, lead, and nickel-cobalt laterites in the United States and Western Australia. The company has a market valuation of around AUD 34.89 million to date and the ASN stock closed the market trading at AUD 0.073, up by 4.3% on April 4th, 2019.

On 4 April, the company announced Company Secretary/CFO changes in the management.

A day before, the company informed the market it has staked 396 lode claims in the strategic Yellow Cat Mining District in Utah to build a highly prospective and contiguous exploration land package for vanadium and uranium rich mineralisation in the zone.

On April 1st, 2019, Anson also announced to have received the first assay results of the recent drilling at the Long Canyon No. 2 Well, at its flagship Paradox Brine Project, situated in Utah, USA that resulted in the interception of free-flowing brine.

As per the half-year results for the six months to December 31st, 2018, the loss from continuing operations after income tax stood at $ 2,192,001, up on $ 1,280,269 as of December 31st, 2017.  Besides, Anson ended the concerned period with net cash and cash equivalents of $ 2,898,209.


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.


All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK