ASX Small Cap Lunch Wrap: Who’s bouncing back today?
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On Monday, the ASX had its best day in four months.
The ASX200’s 2.6 per cent surge reversed last week’s 2.9 per cent tumble – which was the Aussie market’s worst since mid-April.
The spark was a favourable Federal Budget, due to be handed down tonight, and an ostensibly healthy(er) looking President Trump, who left hospital just three days after being admitted with worsening COVID-19 symptoms.
— markmaycott (@markmaycot) October 5, 2020
Trump’s doctors are treating him with a cocktail of drugs, including the steroid dexamethasone. Looks like powerful stuff.
Dexamethasone is a hell of a drug. pic.twitter.com/iXgXaGGegy
— Ken Jeong (@kenjeong) October 5, 2020
The Aussie market is off to a quiet start on Tuesday, with the ASX200 index only marginally weaker at lunchtime EST.
Here are the best performing ASX small cap stocks at 12pm Tuesday, October 6:
Swipe or scroll to reveal the full table. Click headings to sort.
CODE | COMPANY | PRICE | % CHANGE | MARKET CAP |
---|---|---|---|---|
DOU | Douugh | 0.06 | 94 | $ 9,422,679.77 |
ARR | American Rare Earths | 0.093 | 48 | $ 18,327,934.30 |
GLA | Gladiator Resources | 0.004 | 33 | $ 6,983,502.51 |
PLL | Piedmont Lithium | 0.47 | 28 | $ 427,468,476.22 |
TI1 | Tombador Iron | 0.0265 | 26 | $ 15,857,429.69 |
MLS | Metals Australia | 0.0025 | 25 | $ 7,296,705.55 |
MNB | Minbos Resources | 0.0025 | 25 | $ 13,005,122.64 |
EMT | Emetals | 0.027 | 23 | $ 8,804,400.00 |
IVX | Invion | 0.011 | 22 | $ 49,532,390.15 |
ASN | Anson Resources | 0.029 | 21 | $ 18,802,825.66 |
DTS | Dragontail Systems | 0.12 | 20 | $ 28,598,846.20 |
MTO | Motorcycle Hldg | 2.3 | 15 | $ 123,413,420.00 |
ADX | ADX Energy | 0.006 | 20 | $ 8,573,607.93 |
TMK | Tamaska Oil & Gas | 0.006 | 20 | $ 4,450,000.00 |
TGO | Trimantium Growthops | 0.062 | 17 | $ 8,053,074.29 |
TRY | Troy Resources | 0.105 | 17 | $ 56,885,739.12 |
CE1 | Calima Energy | 0.007 | 17 | $ 13,025,845.36 |
BOC | Bougainville Copper | 0.29 | 16 | $ 100,265,625.00 |
ADS | Adslot | 0.029 | 16 | $ 46,100,156.73 |
DCN | Dacian Gold | 0.38 | 16 | $ 183,647,822.82 |
The ASX’s first neobank Douugh (ASX:DOU) has begun trading on the ASX, gaining over 90 per cent by lunchtime. The company listed via a reverse takeover of Ziptel (ASX:ZIP).
An announcement reiterating that rare-earths friendly US Presidential order from last Wednesday was enough to send American Rare Earths (ASX:ARR) on another run in early trade.
Tombador Iron (ASX:TI1) is reskinned property stock RESA Group (formerly iBuyNew Group).
It’s main game now is an advanced high-grade hematite iron ore project in Brazil, which it reckons could be in production within 12 months.
And Motorcycle Holdings (ASX:MTO) expects “better than expected” earnings above $20m for the first half of the current financial year.
Here are the worst performing ASX small cap stocks at 12pm Tuesday, October 6:
Swipe or scroll to reveal the full table. Click headings to sort.
CODE | COMPANY | PRICE | % CHANGE | MARKET CAP |
---|---|---|---|---|
APG | Austpac Resources | 0.001 | -50 | $ 5,668,004.33 |
CLZ | Classic Minerals | 0.0015 | -25 | $ 26,084,103.96 |
MSI | Multistack International | 0.012 | -25 | $ 1,796,862.78 |
VPR | Volt Power Group | 0.002 | -20 | $ 22,923,833.90 |
WBE | Whitebark Energy | 0.0025 | -17 | $ 12,189,376.65 |
MYX | Mayne Pharma | 0.32 | -16 | $ 638,045,889.78 |
ARO | Astro Resources | 0.006 | -14 | $ 10,240,383.38 |
RNX | Renegade Exploration | 0.006 | -14 | $ 4,988,386.47 |
RNE | Renu Energy | 0.0025 | -14 | $ 3,498,395.89 |
KTA | Krakatoa Resources | 0.0078 | -13 | $ 22,585,500.00 |
WFL | Wellfully | 0.2 | -13 | $ 33,692,040.59 |
CHK | Cohiba Minerals | 0.014 | -13 | $ 16,562,356.18 |
KOR | Korab Resources | 0.014 | -13 | $ 5,319,887.70 |
NGY | Nuenergy Gas | 0.014 | -13 | $ 23,695,287.95 |
ENE | Enevis | 0.105 | -13 | $ 11,990,004.48 |
TZL | TZ Limited | 0.05 | -12 | $ 5,228,359.49 |
QXR | Qx Resources | 0.015 | -12 | $ 7,524,240.34 |
OCA | Oceania Healthcare | 1.09 | -11 | $ 764,134,104.60 |
CWL | Consolidated Financial Holdings | 0.017 | -11 | $ 2,409,728.16 |
The FDA has temporarily knocked back approval for Mayne Pharma’s (ASX:MYX) generic contraceptive.