Milan Engel during the Dakar Rally. Pic: Dean Mouhtaropoulos
Lunchtime ASX small cap wrap: Who’s kicking up dust today?
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Here are the key ASX small cap winners and losers at lunch Thursday January 17:
The ASX Small Ords was up 6.3 points or 0.2 per cent to 2,543.5 at 11.45am AEST.
GOING UP
Vector Resources (ASX:VEC) is up as much as 55 per cent on its first day of trading in 2019, hitting highs of 3.1c.
The company was finally reinstated to the ASX today after the green light for its mammoth Adidi-Kanga gold project deal came through.
Atomos (ASX:AMS) shares were on a tear today, rising 25 per cent on Thursday morning to hit 80c, as it announced a deal with the maker of the ‘camera that changed Hollywood’.
Red made the camera Peter Jackson used to film Lord of The Rings, while ‘explosions-plus’ filmmaker Michael Bay used it for Transformers: The Last Knight.
Atomos has done a royalty-based licence agreement with Red covering some patents and the recording and playback of two video codec standards used by certain Atomos products.
Zicom Group (ASX:ZGL) was up 35 per cent to 8.1c today after it told investors late yesterday that it was upgrading its profit for the half-year.
“We expect the group’s half year’s results to 31 December 2018 to be marginally profitable as compared with a loss of S$3.62m in the previous corresponding period,” it said, noting it hoped to pay dividends by 2020.
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The National Stock Exchange (ASX:NSX), which is a smaller Australian stock exchange listed on the ASX, rose 25 per cent to 20c this morning on no news.
The NSX has a market cap of just $37 million.
Here are the best performing ASX small cap stocks at 12pm Thursday January 17:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | % change | Last price | Volume | Market cap |
|---|---|---|---|---|---|
| LRS | Latin Resources | 50% | 0.3c | 5,743,341 | $5.7m |
| SPB | South Pacific | 40% | 0.7c | 70,927 | $839k |
| ZGL | Zicom Group | 35% | 8.1c | 411,992 | $13m |
| DDT | DataDot | 33% | 0.4c | 7,945,000 | $2.4m |
| NSX | National Stock Exchange | 25% | 20c | 5,673 | $37m |
| EMH | European Metals | 25% | 40c | 42,019 | $46.4m |
| DHR | Dark Horse | 25% | 0.5c | 1,100,000 | $7.9m |
| GBZ | GBM Resources | 25% | 0.5c | 140,001 | $4.4m |
| EN1 | Engage:BDR | 25% | 1.5c | 359,768 | $3.5m |
| SI6 | Six Sigma Metals | 25% | 0.5c | 240,000 | $1.8m |
GOING DOWN
Ikwezi Mining (ASX:IKW) hit rock bottom this morning, falling 50 per cent to one-tenth of a cent, the smallest trading price.
The company’s last bit of news was the start of mining in South Africa in September.
Here are the worst performing ASX small cap stocks at 12pm Thursday January 17:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | % change | Last price | Volume | Market cap |
|---|---|---|---|---|---|
| IKW | Ikwezi Mining | -50% | 0.1c | 128,000 | $8.1m |
| CIO | Connected IO | -33% | 0.2c | 16,232 | $5.4m |
| OVL | Oro Verde | -25% | 0.3c | 136,064 | $6.2m |
| TTA | TTA Holdings | -24% | 1.6c | 12,005 | $2.9m |
| ALT | Analytica | -20% | 0.4c | 150,000 | $16.7m |
| RNY | RNY Property Trust | -20% | 0.4c | 179,571 | $1.3m |
| KFE | Kogi Iron | -17% | 10c | 542,099 | $78.5m |
| AJJ | Asian American Medical | -15% | 11c | 599 | $43.9m |
| ADN | Andromeda Metals | -14% | 0.6c | 1,431,247 | $7.6m |
| CVS | Cervantes Corp | -14% | 0.6c | 91,250 | $3.5m |
