10 at 10: These ASX stocks are doing the hard yards this morning

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every stock has commenced trading.

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

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Pensana Rare Earths’ (ASX:PM8) Longonjo project in Angola received approval for a mining title and the stock is surging this morning.

Also climbing this morning is XCD Energy (ASX:XCD) due to a takeover offer.

But the biggest growth this morning came from ad optimisation microcap Adslot (ASX:ADJ) which unveiled a European partnership.

 

Code Name Price % Chg Volume
RML Resolution Minerals Ltd 0.05 -59.26% 8.8M
ANW Aus Tin Mining Ltd 0.001 -50.00% 6.0M
BAS Bass Oil Ltd 0.002 -33.33% 4.0M
IGN Ignite Ltd 0.03 -26.83% 650.4k
ARO Astro Resources NL 0.003 -25.00% 1.8M
SW1 Swift Media Ltd 0.02 -16.67% 373.7k
PAB Patrys Ltd 0.01 -13.33% 1.2M
LPD Lepidico Ltd 0.007 -12.50% 91.8k
OLI Oliver's Real Food Ltd 0.04 -12.24% 992.0k
XTC Xantippe Resources Ltd 0.0045 -11.11% 1.0M
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Resolution Mining (ASX:RML) was sent tumbling off the back of disappointing drilling results.

Meanwhile Oliver’s Real Foods (ASX:OLI) revealed a potential takeover offer has hit a stumbling block. Namely, its indebtedness was higher than allowed under the offer and over the weekend its suitor, EG, said it would not waiver this condition.