The ASX opened in the red, with Real Estate stocks leading the market lower. 

The stocks showing the biggest gains at the open are: Incitec leading the Large Caps, followed by APM Human Services International in the Mid Caps, WA1 Resources leads the Small Caps, and Sezzle is topping the Micro Caps, seemingly rocketing more than 3000%, but did they really? More on that in a moment.

The biggest losers at the beginning of the session are Treasury Wine Estates which is the worst Large Cap, CSR is the lowest Mid Cap, the worst performing Small Cap is Oneview Healthcare, and Micro Cap is Battery Minerals.

Our spotlight today is on Sezzle, whose shares seemingly jumped more than 3000% this morning. But, unfortunately for investors this was simply because Sezzle did a share consolidation to increase its chances of listing on the US NASDAQ. Meaning for existing investors, every 38 shares they had yesterday, are now one single, more expensive share today. Sorry to disappoint!

Blaze Minerals is in a Trading Frenzy this morning after the mineral exploration company announced it’s acquiring the North Spirit Lithium Project in Canada’s “Electric Avenue” in the Red Lake Region of Ontario.