ASX Small Cap Lunch Wrap: Who wants their sheep in spades today?

Here’s one China-reliant commodity that not only isn’t affected, but is soaring right now.

Wool prices in Australia are up over 30 per cent this month to $11.17 per kilogram, according to Bloomberg.

Indeed, with over 90 per cent of wool going to China right now, it is Sino demand (along with domestic textile shortages) pushing up prices.

China’s buying spree is also more than making up for other wool export markets such as India and Italy being quiet in recent months.

Wool prices in Australia have surged more than 30% from a September low https://t.co/DYrNajY3Ec

— Bloomberg Next China (@next_china) October 21, 2020

To (Other) Markets:

To local markets and the ASX 200 dropped by 0.33 per cent to 6,153 at 12pm while the ASX Small Ords fell by 0.74 per cent to 2,861.

While US stocks finished last night’s trade higher with hopes of a stimulus deal by the end of the week, European markets fell as the second wave of COVID-19 continued to bite.

Earlier this week Ireland became the first European country to return to a nation-wide lockdown.

WINNERS:

Here are the best performing ASX small cap stocks at 12pm Friday, October 23:

Swipe or scroll to reveal the full table. Click headings to sort.

Code	Company	Price	%	Volume	MktCap
JPR	Jupiter Energy	0.065	86	17223435	$ 5,368,219.26
AVE	Avecho Biotech Ltd	0.016	78	35737512	$ 14,377,116.78
AMO	Ambertech Limited	0.19	58	3011258	$ 9,174,599.40
ANW	Aus Tin Mining	0.0015	50	10725186	$ 3,551,996.29
CSX	Cleanspace Holdings	6.5	47	2478357	$ 339,656,096.43
FRX	Flexiroam Limited	0.024	41	1511635	$ 6,917,962.22
RIE	Riedel Resources Ltd	0.029	38	13366009	$ 8,779,463.68
PSL	Paterson Resources	0.004	33	1029680	$ 13,516,599.18
KIS	King Island	0.08	33	1200001	$ 15,882,564.18
PAK	Pacific American Hld	0.028	33	15421309	$ 6,606,282.90
GUL	Gullewa Limited	0.15	30	95775	$ 18,163,456.50
HWK	Hawkstone Mng Ltd	0.0155	29	115278227	$ 14,638,880.10
8IH	8I Holdings Ltd	0.34	28	166265	$ 95,866,159.12
EXR	Elixir Energy Ltd	0.14	27	6577389	$ 77,341,947.10
EM1	Emerge Gaming Ltd	0.125	26	38758928	$ 70,546,902.72
NCR	Nucoal Resources Ltd	0.01	25	84500	$ 6,148,898.83
ROG	Red Sky Energy.	0.0025	25	1500000	$ 4,072,366.55
SPQ	Superior Resources	0.0135	23	31390588	$ 12,738,328.97
TIN	Tnt Mines Limited	0.265	20	7840024	$ 7,587,488.48
ALT	Analytica Limited	0.003	20	578683	$ 8,799,030.83
ESR	Estrella Res Ltd	0.17	19	21598415	$ 114,223,430.71

Another day, another solid ASX entrant. Face mask maker Cleanspace (ASX:CSX) is enjoying a solid first trading day, up 40 per cent.

Today’s biggest winner was one of the most mysterious stocks, in Kazakhstan-focused oil play Jupiter Energy (ASX:JPR). It rose over 80 per cent cent after releasing its quarterly in which is revealed it had sold approximately 39,600 barrels of oil equating to US$693,000.

In resources, the biggest winner was King Island (ASX:KIS). It climbed after completing a $2.5 million capital raising which will help it further advance its tungsten project on King Island.

TNT Mines (ASX:TIN) rose too after acquiring a couple of gold projects in Western Australia. The project is owned by Warriedar Mining – a private explorer headed by former executives from last year’s gold success story Spectrum Metals (ASX:SPX).

LOSERS:

Here are the best performing ASX small cap stocks at 12pm Friday, October 23:

Swipe or scroll to reveal the full table. Click headings to sort.

Code	Company	Last	%	Volume	MktCap
ILU	Iluka Resources	5.34	-46	3499987	$ 4,185,419,841.90
BAS	Bass Oil Ltd	0.001	-33	2550000	$ 5,013,210.14
QFY	Quantify Tech Ltd	0.002	-20	5375000	$ 5,021,374.36
VAL	Valor Resources Ltd	0.005	-17	18671601	$ 11,525,088.51
TCN	Techniche Limited	0.045	-15	833075	$ 11,168,124.44
TKM	Trek Metals Ltd	0.089	-11	944197	$ 21,002,035.80
ESH	Esports Mogul Ltd	0.0205	-11	99721344	$ 46,990,525.54
DUB	Dubber Corp Ltd	1.21	-10	2546652	$ 280,031,239.43
RWD	Reward Minerals Ltd	0.135	-10	49070	$ 24,389,408.55
AOA	Ausmon Resorces	0.009	-10	27709534	$ 6,806,593.43
AYM	Australia United Min	0.018	-10	935567	$ 36,851,549.70
SYA	Sayona Mining Ltd	0.009	-10	120000	$ 28,431,914.30
ZEU	Zeus Resources Ltd	0.018	-10	161000	$ 3,603,000.00
AVW	Avira Resources Ltd	0.01	-9	6756581	$ 15,125,000.00
AZI	Alta Zinc Ltd	0.005	-9	5198375	$ 19,858,845.47
SGI	Stealth Global	0.07	-9	129597	$ 7,307,300.00
FEL	Fe Limited	0.03	-9	514320	$ 16,566,878.46
WC8	Wildcat Resources	0.042	-9	2308319	$ 23,092,000.00
HRZ	Horizon	0.11	-8	232261	$ 68,157,024.00
KNO	Knosys Limited	0.11	-8	112109	$ 17,860,269.12
SI6	Six Sigma Metals Ltd	0.011	-8	3245196	$ 13,309,555.28

Microcap tech stock Techniche (ASX:TCN) unveiled plans to delist from the ASX. It said being publicly listed was not worth the compliance costs for the company and its share price did not reflect the true value of the company.