On Stockhead today, 18 small cap stocks revving Tolga Kumova’s engine, a chat with Airtasker CEO Tim Fung, and some sub-$20m market cap tech stocks with shine.

But first…the day ahead

There is an IPO listing bonanza today, with three new stocks expected to make their debut on the ASX.

Culpeo Minerals (ASX:CPO) raised $6m in an oversubscribed IPO, and will float at 20c a share. The company is bringing to the market its copper and gold projects in Chile.

Mt Malcom Mines (ASX:M2M) raised $8m for 20c to fund its gold projects in WA.

X2M Connect (ASX:X2M) meanwhile is an IoT (internet of things) tech company that has raised $8m at 25c a share. The company’s focus is on smart devices in the gas, water and electricity sectors within the Asia Pacific.

TRADING HALTS

Friday
Superior Resources (ASX:SPQ) – capital raising
Forbidden Foods (ASX:FFF) – acquisition and capital raising
Aston Minerals (ASX:ASO) – exploration update

Monday
EQ Resources (ASX:EQR) – capital raising
Sprintex (ASX:SIX) – product development and sales agreement
Accelerate Resources (ASX:AX8) – capital raising
Raiden Resources (ASX:RDN) – acquisition
Hazer Group (ASX:HZR) – capital raising
Comet Ridge (ASX:COI) – capital raising
VEEM (ASX:VEE) – capital raising
Bastion Minerals (ASX:BMO) – capital raising
Kingwest Resources (ASX:KWR) – exploration update

 

MARKETS

Gold: $US1,793.95 ($2,434.79) (+0.28%)

Silver: $US24.04 ($32.63) (+0.32%)

Oil (WTI): $US67.88 (-2.05%)

Oil (Brent): $US71.19 (-1.94%)

Coal: $US177.35 (+0.08%)

Iron 62pc Fe: $US133.82 (-1.28%)

AUD/USD: $US0.7366 (-0.02%)

Bitcoin: $US46,325.99 (+0.18%)

 

What got you talking yesterday

The great tussle between batteries and hydrogen…

And opportunities in African gold.

 

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Also, be sure to check in at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

YESTERDAY’S BIGGEST WINNERS

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Code Company Price % Volume
ADR Adherium Ltd 0.024 60.0% 145,508,907
BAS Bass Oil Ltd 0.0015 50.0% 1,215,000
CLZ Classic Min Ltd 0.0015 50.0% 33,167,302
HNR Hannans Ltd 0.01 42.9% 58,826,022
WBT Weebit Nano Ltd 3.66 29.8% 9,870,986
CZR CZR Resources Ltd 0.009 28.6% 5,240,442
KNI Kunikolimited 2.04 23.6% 6,182,091
CHL Camplifyholdings 3.02 23.3% 1,222,182
IBG Ironbark Zinc Ltd 0.0295 22.9% 8,928,349
VBS Vectus Biosystems 1.8 20.0% 63,797
OVT Ovato Limited 0.003 20.0% 200,000
ASN Anson Resources Ltd 0.115 17.3% 24,161,649
OPL Opyl Limited 0.14 16.7% 742,130
VIA Viagold Rare Earth 0.14 16.7% 19,000
TSC Twenty Seven Co. Ltd 0.0035 16.7% 5,381,330
XST Xstate Resources 0.0035 16.7% 11,227,682
GO2 Thego2People 0.036 16.1% 218,448
PAL Palla Pharma Ltd 0.29 16.0% 220,730
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Despite the broader market selloff, there were still a number of outsized small cap gains for stocks that posted new market-moving announcements.

Leading the pack was medtech company Adherium (ASX:ADR), which jumped 30% at the opening bell and finished around 60% higher.

The gains followed news that ADR received approval from US health regulators to market its the Hailie Sensors — devices that attach to a patient’s asthma or medication inhaler to allow caregivers to provide advanced patient monitoring.

Investors also got bullish on semiconductor technology company Weebit Nano (ASX:WBT), after it signed a production deal with US-based semiconductor foundry SkyWater Technology.

The deal will see SkyWater incorporate WBT’s ReRAM technology into its production processes, with future revenue opportunities based on how may SkyWater customers take up the products.

YESTERDAY’S BIGGEST LOSERS

Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume
AFW Applyflow Limited 0.006 -25.0% 16,641,236
OEX Oilex Ltd 0.003 -25.0% 162,403
XTC Xantippe Res Ltd 0.0015 -25.0% 2,815,000
IQ3 Iq3Corp Limited 0.115 -23.3% 169,000
WFL Wellfully Limited 0.11 -21.4% 1,443,807
VIC Victory Mines Ltd 0.002 -20.0% 185,715,542
GNM Great Northern 0.01 -16.7% 23,178,529
YPB YPB Group Ltd 0.0025 -16.7% 10,684,437
LCT Living Cell Tech. 0.011 -15.4% 5,693
CML Chase Mining Limited 0.017 -15.0% 2,460,532
PAM Pan Asia Metals 0.52 -14.8% 5,375,972
ESH Esports Mogul Ltd 0.006 -14.3% 1,376,193
RXM Rex Minerals Limited 0.33 -14.3% 1,593,934
SI6 SI6 Metals Limited 0.012 -14.3% 4,719,860
SRJ SRJ Technologies 0.215 -14.0% 10,000
BNR Bulletin Res Ltd 0.068 -13.9% 926,278
S2R S2 Resources 0.099 -13.9% 3,528,322
OLL Openlearning 0.125 -13.8% 1,761,177
GTE Great Western Exp. 0.195 -13.3% 179,833
MSI Multistack Internat. 0.052 -13.3% 78,560
QXR Qx Resources Limited 0.013 -13.3% 2,884,041
MEI Meteoric Resources 0.033 -13.2% 2,212,306
LIN Lindian Resources 0.02 -13.0% 9,193,198
BCK Brockman Mining Ltd 0.048 -12.7% 884,143
CAV Carnavale Resources 0.007 -12.5% 1,057,142
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Among stocks with news, junior explorer Great Northern Minerals (ASX:GNM) led the laggards, after updating the market on assay results from the recent reverse circulation drilling program at its Camel Creek gold project in North Queensland.

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