Three big movers 28 March, 2022; Star Entertainment Group as CEO resigned, APM rallied on new contracts awarded, & Tempest rocketed 265% on drill results
The Australian market started the week on a slightly positive note despite an afternoon fall, closing Monday’s session just 6.2 points higher at 7412.40, as a rally for resources, metals and mining stocks outweighed the sharp sell-off in tech stocks.
The stocks that made headlines today were:
Star Entertainment shares dipped then recovered during today’s session after the casino operator’s CEO and managing director, Matt Bekier, announced his resignation this morning effective immediately, following evidence of widespread misconduct at the Star’s Sydney casino shared in an inquiry last week.
APM Human Services International rallied 7% today after announcing the employment assistance company has won a series of new contracts under Workforce Australia including 27 contracts across Employments Regions in Australia and the appointment to sub-panel across all 51 Employment Regions.
And Tempest Minerals skyrocketed 265% today after announcing that its maiden drillhole into the Company’s flagship Meleya Project has intersected significant visible copper sulphide mineralisation with assays pending. The Tempest team consider the target zones discovered as one of Australia’s most exciting greenfields base and precious metal exploration opportunities.
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