Harry - not a fan of shoot 'em ups. Picture: Getty Images
Lunchtime ASX small cap wrap: Who’s ruining everyone’s fun today?
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You’ve probably heard of Fortnite, the world’s most popular video game which made Epic Games about $US3 billion in profits last year.
Well, the sixth in line to the British throne is not a fan. Prince Harry reckons the game should be banned, calling it an addictive creation designed “to keep you in front of a computer for as long as possible”.
Closer to home, and local markets are acting as something of a wet blanket themselves, with falls accelerating following yesterday’s small decline.
The Small Ords had lost more than 20 points by 12pm AEST to a reading of 2,756.10, down 0.8 per cent for the session.
GOING UP
Leading the pack today were mining and energy minnows Pancontinental Oil & Gas NL (ASX: PCL) and PepinNini Lithium Ltd (ASX: PPN), which both registered a 50 per cent gain to 0.3 cents per share — although there were no key developments for either company.
Mineral Commodities (ASX: MRC) had a good session, gaining 25 per cent to 20 cents after yesterday’s announcement that it had purchased a 100 per cent interest in the Trælen graphite mine in northern Norway for $9.2 million.
And copper miner Hot Chili (ASX: HCH) jumped by almost 30 per cent to climb back above 3 cents per share. The company got a please-explain from the ASX in February after its share price almost doubled in three days.
Here are the best performing ASX small cap stocks at midday on Friday, April 5:
| Ticker | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| PCL | Pancontinental Oil & Gas | 0.003 | 50% | $16,200,000 | 400.0k |
| PNN | PepinNini Lithium Ltd | 0.003 | 50% | $2,500,000 | 331.6k |
| FTT | Factor Therapeutics Ltd | 0.004 | 33% | $4,200,000 | 5.0M |
| MRD | Mount Ridley Mines Ltd | 0.002 | 33% | $4,700,000 | 400.0k |
| LHM | Land & Homes Group Ltd | 0.014 | 27% | $14,700,000 | 345k |
| MRC | Mineral Commodities Ltd | 0.2 | 25% | $84,200,000 | 385.9k |
| HCH | Hot Chili Ltd | 0.03 | 25% | $33,400,000 | 1.7M |
| DW8 | Digital Wine Ventures Ltd | 0.005 | 25% | $2,800,000 | 50.0k |
| MNC | Metminco Ltd | 0.003 | 25% | $3,000,000 | 700.0k |
| DHR | Dark Horse Resources Ltd | 0.006 | 20% | $11,900,000 | 200.0k |
| IMS | Impelus Ltd | 0.012 | 20% | $8,300,000 | 300.0k |
| PMY | Pacifico Minerals Ltd | 0.006 | 20% | $9,900,000 | 27.8k |
| WCN | White Cliff Minerals Ltd | 0.006 | 20% | $2,800,000 | 100.0k |
| KFE | Kogi Iron Ltd | 0.09 | 20% | $59,900,000 | 1.8M |
| REY | Rey Resources Ltd | 0.17 | 17% | $36,100,000 | 30.0k |
| GGG | Greenland Minerals Ltd | 0.06 | 17% | $70,200,000 | 2.6M |
| BNR | Bulletin Resources Ltd | 0.021 | 17% | $3,800,000 | 25.0k |
| RFN | Reffind Ltd | 0.007 | 17% | $3,600,000 | 1.3M |
| UTR | Ultracharge Ltd | 0.007 | 17% | $6,600,000 | 329.2k |
| MAU | Magnetic Resources NL | 0.3 | 15% | $57,300,000 | 572.6k |
GOING DOWN
Shares in Austral Gold (ASX: ASG) came out of a trading halt and sank by more than 20 per cent to 9 cents, after the company announced yesterday that it would be placing its 70 per cent-owned Casposo mine in Argentina on “care and maintenance”.
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And it was another rough session for sportswear company XPD Soccer Gear Group Ltd (ASX: XPD), which fell by more than 20 per cent to 1.6 cents after a 10 per cent fall yesterday, after the company released an updated corporate governance statement.
Here are the worst performing ASX small cap stocks at midday on Friday, April 5:
| Ticker | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| CYQ | Cycliq Group Ltd | 0.002 | -33% | $1,900,000 | 100.0k |
| AGD | Austral Gold Ltd | 0.09 | -23% | $45,400,000 | 11.9k |
| XPD | XPD Soccer Gear Group Ltd | 0.014 | -22% | $6,100,000 | 2.4M |
| RLC | Reedy Lagoon Corp Ltd | 0.004 | -20% | $1,600,000 | 1.6M |
| DTR | Dateline Resources Ltd | 0.002 | -20% | $15,900,000 | 200.0k |
| LI3 | Lithium Consolidated Ltd | 0.09 | -17% | $8,300,000 | 69.5k |
| HNR | Hannans Ltd | 0.01 | -17% | $19,900,000 | 637.9k |
| GIB | Gibb River Diamonds Ltd | 0.05 | -15% | $8,200,000 | 40.0k |
| CUX | Crossland Strategic Metals Ltd | 0.006 | -14% | $6,100,000 | 1.0M |
| SRH | Saferoads Holdings Ltd | 0.31 | -14% | $11,300,000 | 10.0k |
| IHR | intelliHR Holdings Ltd | 0.13 | -13% | $13,700,000 | 5.8k |
| GSW | GetSwift Ltd | 0.28 | -13% | $54,700,000 | 872.0k |
| SRI | Sipa Resources Ltd | 0.007 | -13% | $11,100,000 | 6.0k |
| PGR | PAS Group Ltd/The | 0.21 | -13% | $28,700,000 | 17.3k |
| VKA | Viking Mines Ltd | 0.008 | -11% | $2,500,000 | 96.8k |
| IAM | Intiger Group Ltd | 0.008 | -11% | $15,100,000 | 259.2k |
| KNM | KneoMedia Ltd | 0.03 | -10% | $17,000,000 | 167.0k |
| SYT | Syntonic Ltd | 0.009 | -10% | $23,900,000 | 6.9M |
| NUS | Nusantara Resources Ltd | 0.19 | -10% | $31,900,000 | 5.2k |
