Pink gets a star on the Hollywood Walk of Fame. Pic: Alberto E. Rodriguez / Getty
Lunchtime ASX small cap wrap: Who gets a star today?
News
share
Here are the key ASX small cap winners at lunch Wednesday February 6:
The ASX Small Ords was up 29.1 points or 1.1 per cent to 2,656.2 at 11.30am AEST.
GOING UP
Perpetual Resources (ASX:PEC) was the morning’s biggest mover, rising 79 per cent to an intraday high of 2.5c.
It secured an option to acquire in full the prospective high grade Beharra Silica Sand project.
Selling furniture is keeping the money rolling in at Nick Scali (ASX:NCK), where shares hit a four-month high this morning of $5.96, a 16 per cent rise.
It announced a $25.4 million profit for the 2019 first half, up 8 per cent on the previous year. Revenue was boosted by 10 per cent to $141.1 million.
Gold miner Calidus Resources (ASX:CAI) says its wholly-owned Warrawoona Gold Project, in WA’s Pilbara region, has plenty of gold.
Around 1.25 million ounces, Calidus reckons, based on a projected strike rate of 1.25 grams per tonne from a total ore deposit of 21.2 million tonnes.
Shares rose 42 per cent to 3.4c.
- Subscribe to our daily newsletter
- Bookmark this link for small cap news
- Join our small cap Facebook group
- Follow us on Facebook or Twitter
And before you ask, yes, the fun continues at Splitit (ASX:SPT). Its shares are up yet again, 13 per cent this morning to another new high of 87c.
It rose considerably yesterday, which followed a great debut week, which followed an awesome debut day, which followed a well-supported IPO.
Shareholders who got in on the 20cps original offer will be stoked; they’ve gained 335 per cent since then.
Here are the best performing ASX small cap stocks at 11.45am Wednesday February 6:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | % change | Last price | Volume | Market cap |
|---|---|---|---|---|---|
| CLY | Clancy Exploration | 100% | 0.2c | 242,525 | $3.5m |
| PEC | Perpetual Resources | 79% | 2.5c | 74,221 | $3.3m |
| AYR | Alloy Resources | 50% | 0.3c | 1,805,525 | $3.2m |
| SLX | Silex Systems | 47% | 25c | 1,883,592 | $29m |
| MHC | Manhattan Corp | 33% | 0.4c | 170,000 | $2.2m |
| SUR | Sun Resources | 33% | 0.4c | 910,087 | $2.6m |
| FTT | Factor Therapeutics | 33% | 0.4c | 125,000 | $2.5m |
| TEG | Triangle Energy | 30% | 13c | 2,387,768 | $30.7m |
| CAI | Calidus Resources | 25% | 3c | 13,694,257 | $20.4m |
| AUL | Austar Gold | 25% | 0.5c | 2,851,612 | $13.6m |
GOING DOWN
MotorCycle Holdings (ASX:MTO) is finding it hard to sell motorcycles, and its shares fell 17 per cent to $1.57 this morning.
It’s preparing shareholders for first half EBITDA (earnings before interest, tax, depreciation and amortisation) of $10 million to $10.5 million.
Eon NRG (ASX:E2E) shares fell 38 per cent to 0.8c, but that was because of a renounceable rights issue that the company launched, offering shareholders one new share for every share they hold at 0.7c.
Here are the worst performing ASX small cap stocks at 11.45am Wednesday February 6:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | % change | Last price | Volume | Market cap |
|---|---|---|---|---|---|
| QSS | Questus | -38% | 1.6c | 124,000 | $2.4m |
| E2E | Eon NRG | -38% | 0.8c | 7,618,550 | $5.3m |
| BBX | BBX Minerals | -25% | 15c | 93,676 | $80.9m |
| FNT | Frontier Resources | -25% | 0.9c | 200,817 | $5.9m |
| RIE | Riedel Resources | -20% | 1.2c | 154,555 | $6.3m |
| S3R | Serpentine Technologies | -20% | 0.4c | 1,075,000 | $3.6m |
| MTO | MotorCycle Holdings | -17% | $1.57 | 52,267 | $117.2m |
| BHL | Boyuan Holdings | -16% | 16c | 6,000 | $65.2m |
| AHQ | Allegiance Coal | -16% | 4.8c | 3,502 | $29.1m |
| AHL | Ahalife Holdings | -14% | 1.2c | 100,000 | $9.4m |
