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).
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.
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.