ASX Small Cap Lunch Wrap: Who’s making a quick $1 trillion today?
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The policy response to COVID-19 has helped shift a flood of capital into asset markets.
Among the beneficiaries are the wealthiest Americans, who’ve added a lazy $US1 trillion to their collective net worth this year.
Analysis released this week found US billionaires’ combined wealth is hanging around the $US4 trillion mark, up by $US930 billion since March.
With Amazon also benefitting from post-Covid tailwinds for tech and ecommerce, company founder Jeff Bezos had the biggest individual jump with a gain of $US90bn (he’s now worth about $US200bn).
On local markets, ASX stocks traded flat across the board in morning trade following a steady session on Wall Street.
US stocks recouped some of Monday’s losses as investors grew more optimistic about the prospect that both sides of US Congress will reach a deal for additional government stimulus.
Here are the best performing ASX small cap stocks at 12pm Wednesday, October 21:
Swipe or scroll to reveal the full table. Click headings to sort.
CODE | COMPANY | PRICE | % CHANGE | MARKET CAP |
---|---|---|---|---|
NSX | NSX Limited | 0.195 | 124 | $ 22,385,616 |
THR | Thor Mining PLC | 0.028 | 87 | $ 5,932,977 |
WWI | West Wits Mining Ltd | 0.068 | 58 | $ 50,957,870 |
ANW | Aus Tin Mining | 0.0015 | 50 | $ 3,440,885 |
ID8 | Identitii Limited | 0.21 | 35 | $ 16,900,828 |
KPE | Kina Petroleum Corp | 0.52 | 30 | $ 5,078,806 |
KEY | KEY Petroleum | 0.007 | 27 | $ 10,823,605 |
XTD | XTD Ltd | 0.071 | 27 | $ 10,539,150 |
IDZ | Indoor Skydive Aust | 0.015 | 25 | $ 4,040,401 |
GLA | Gladiator Resources | 0.0025 | 25 | $ 4,655,668 |
TSC | Twenty Seven Co. Ltd | 0.0085 | 21 | $ 11,955,308 |
LSR | Lodestar Minerals | 0.018 | 20 | $ 12,792,030 |
SCT | Scout Security Ltd | 0.125 | 19 | $ 9,988,862 |
POS | Poseidon Nick Ltd | 0.095 | 19 | $ 211,416,146 |
AVW | Avira Resources Ltd | 0.0095 | 19 | $ 11,000,000 |
CNJ | Conico Ltd | 0.019 | 19 | $ 9,409,531 |
FFG | Fatfish Group | 0.019 | 19 | $ 13,046,115 |
GEV | Global Ene Ven Ltd | 0.11 | 18 | $ 35,988,975 |
MLM | Metallica Minerals | 0.026 | 18 | $ 7,125,613 |
Listed on the NSX share registry with an 18pc stake is John Karantzis, who’s other company iSignthis (ASX:ISX) is currently in the ASX’s doghouse.
One NSX update today was that the smaller exchange’s sub-register system would be integrated with iSignthis’ Paydentity platform.
Also rising strongly was regtech compliance company Identitii (ASX:ID8), which announced payments giant Mastercard will use its Overlay+ platform for the “secure sharing of information over the Mastercard account-to-account network, to help streamline financial crime compliance in cross-border payments”.
Here are the worst performing ASX small cap stocks at 12pm Wednesday, October 21:
Swipe or scroll to reveal the full table. Click headings to sort.
CODE | NAME | PRICE | % CHANGE | MARKET CAP |
---|---|---|---|---|
ANL | Amani Gold Ltd | 0.0015 | -25 | $ 15,676,393 |
CLZ | Classic Min Ltd | 0.0015 | -25 | $ 26,678,279 |
EMU | EMU NL | 0.051 | -24 | $ 22,344,864 |
HCT | Holista CollTech Ltd | 0.091 | -21 | $ 31,665,145 |
MNB | Minbos Resources Ltd | 0.002 | -20 | $ 16,256,403 |
ALT | Analytica Limited | 0.0025 | -17 | $ 10,558,837 |
TTB | Total Brain Ltd | 0.32 | -16 | $ 41,155,438 |
TPW | Temple & Webster Ltd | 11.83 | -16 | $ 1,689,954,580 |
ANR | Anatara Ls Ltd | 0.17 | -15 | $ 9,985,708 |
CLV | Clover Corporation | 1.74 | -15 | $ 339,272,612 |
MRD | Mount Ridley Mines | 0.003 | -14 | $ 9,389,779 |
CZL | Cons Zinc Ltd | 0.0035 | -13 | $ 12,682,702 |
LNY | Laneway Res Ltd | 0.007 | -13 | $ 30,200,527 |
SAN | Sagalio Energy Ltd | 0.014 | -13 | $ 3,274,562 |
ATX | Amplia Therapeutics | 0.29 | -12 | $ 35,455,530 |
RAS | Ragusa Minerals Ltd | 0.115 | -12 | $ 13,599,954 |
RXH | Rewardle Holding Ltd | 0.008 | -11 | $ 4,736,893 |
GNM | Great Northern | 0.017 | -11 | $ 17,150,472 |