ASX Small Cap Lunch Wrap: Who’s coming down from the mountains today?

A Serbian hermit has come down from his cave in the mountains, discovered there’s a pandemic and had his first COVID-19 vaccination.

Panta Petrovic nailed the art of social distancing over 20 years ago, sleeps on hay, owns several goats, chickens, about 30 dogs and cats and a wild boar named Mara – but says he wants to be protected.

“I want to get all three doses, including the extra one,” Petrovic said.

“It [the virus] does not pick. It will come here, to my cave, too.”

To Markets …

The Australian share market is easing for the first time since August 3, with the ASX 200 down 0.4 per cent to 7,598.6 on Monday.

This follows a relatively flat finish from US markets on Friday, with the market being held back by losses from the banks, energy stocks, consumer discretionary companies and some healthcare businesses.

“Keep in mind that this follows a 1.2 per cent lift for our market last week, record highs hit over eight of the past 11 days and keeps the market on track to lift for an 11th consecutive month,” Commsec analyst Steven Daghlian said.

Travel stocks including Flight Centre (FLT), Webjet (WEB) and Qantas (QAN) are under pressure on Monday.

And Sydney Airport (SYD) is a touch higher after receiving a revised takeover bid from the Sydney Aviation Alliance at an indicative price of $8.45 cash per security – which it rejected, maintaining that this ‘continues to undervalue’ the airport and that it isn’t in the best interest of shareholders.

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for August 16 [intraday]:

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

Code	Name	Price	% Change	Volume	Market Cap
CLZ	Classic Min Ltd	0.0015	50	27210926	$ 22,369,104.43
DXB	Dimerix Ltd	0.345	47	21160511	$ 46,529,834.80
AUZ	Australian Mines Ltd	0.027	35	192785276	$ 86,071,182.28
GBE	Globe Metals &Mining	0.135	35	490353	$ 46,592,237.30
AOA	Ausmon Resorces	0.008	33	28411332	$ 4,263,956.06
MRD	Mount Ridley Mines	0.004	33	29424161	$ 15,045,370.72
AXE	Archer Materials	2.97	25	3313576	$ 539,664,514.02
VIC	Victory Mines Ltd	0.0025	25	592304	$ 13,100,505.54
NXM	Nexus Minerals Ltd	0.11	25	6982164	$ 21,485,347.05
WEL	Winchester Energy	0.017	21	4947504	$ 12,093,285.53
KGD	Kula Gold Limited	0.069	21	5859858	$ 12,265,011.02
88E	88 Energy Ltd	0.053	20	161684719	$ 595,960,095.59
GTG	Genetic Technologies	0.009	20	7076479	$ 69,195,676.07
DDT	DataDot Technology	0.007	17	200000	$ 7,451,216.80
AR3	Austrare	1.35	15	555903	$ 52,620,409.23
ARR	American Rare Earths	0.155	15	4667994	$ 46,481,624.01
CAD	Caeneus Minerals	0.016	14	57634535	$ 59,051,863.64
CAV	Carnavale Resources	0.008	14	216881	$ 17,011,612.12
AUC	Ausgold Limited	0.04	14	5054657	$ 55,487,233.94
PPK	PPK Group Limited	16.51	13	368356	$ 1,298,375,141.94
OBM	Ora Banda Mining Ltd	0.13	13	1238314	$ 111,911,820.94
IKW	Ikwezi Mining Ltd	0.61	13	20108	$ 21,950,985.96

Classic Minerals (ASX:CLZ) was up 50% on no news, followed by Dimerix (ASX:DXB) up 47% off the back of news the company has secured a ‘transformational’ $20m funding round from major investors.

The funds raised will be allocated towards the initiation of pivotal Phase 3 trials, for the application of the Dimerix’s proprietary DMX-200 formula in the treatment of FSGS kidney disease.

Australian Mines (ASX:AUZ) jumped 35% after announcing LGES — a subsidiary of LG Chem, the world’s #1 producer of advanced batteries for the electric vehicle industry – has now inked a binding offtake with the company for its ‘Sconi’ nickel-cobalt project in QLD.

During the initial 6yr term of the agreement, LGES will buy 71,000 dry metric tonnes of nickel and 7,000 dry metric tonnes of cobalt as mixed hydroxide precipitate (MHP).

Followed by Globe Metals & Mining (ASX:GBE) also up 35% – but on no news.

Ausmon Resources (ASX:AOA) and Mount Ridley Mines (ASX:MRD) were both up 33% on no news, and Archer Materials (ASX:AXE) was up 25% on plans to put its mineral tenement divestment strategy to shareholders for approval at the end of the month.

ASX SMALL CAP LOSERS

Code	Name	Price	% Change	Volume	Market Cap
WOO	Wooboard Tech Ltd	0.001	-50	2088168	$ 7,644,325.48
CCE	Carnegie Cln Energy	0.002	-33	3165323	$ 44,707,721.13
MPH	Mediland Pharm	0.05	-31	37475	$ 22,518,979.92
PCL	Pancontinental Oil	0.0015	-25	1480661	$ 12,233,430.97
MTB	Mount Burgess Mining	0.006	-14	60000	$ 5,314,197.83
KIS	King Island	0.17	-13	2095427	$ 79,745,811.99
WML	Woomera Mining Ltd	0.022	-12	7714533	$ 12,493,638.50
MAN	Mandrake Res Ltd	0.068	-12	15692359	$ 32,973,256.93
FLX	Felix Group	0.2	-11	336975	$ 23,886,086.18
OEL	Otto Energy Limited	0.008	-11	1037032	$ 43,155,087.96
SBR	Sabre Resources	0.004	-11	1298530	$ 7,573,786.42
KNM	Kneomedia Limited	0.009	-10	5131890	$ 10,966,799.95
SIH	Sihayo Gold Limited	0.009	-10	68000	$ 36,854,614.13
VAL	Valor Resources Ltd	0.009	-10	2562011	$ 29,488,314.18
AGI	Ainsworth Game Tech.	1.005	-10	20845	$ 375,525,230.84
ROO	Roots Sustainable	0.01	-9	16436909	$ 5,937,623.24
MHI	Merchant House	0.06	-9	2570	$ 6,221,588.74
AX1	Accent Group Ltd	2.42	-9	2635336	$ 1,441,365,461.90
BEN	Bendigo and Adelaide	10.11	-9	6443411	$ 6,065,657,759.40
ASN	Anson Resources Ltd	0.105	-9	6123825	$ 102,839,628.83
CR9	Corellares	0.054	-8	9066252	$ 18,643,993.10
HPR	High Peak Royalties	0.055	-8	19	$ 11,337,383.94