One company’s PR disaster can be another company’s chance to shine.

Air Asia has been one of these in recent days. Last week Garuda Indonesia sparked controversy by banning photography and videos on its flights. While it quickly backed down, the damage was done.

The Tony Fernandes-run carrier decided to run a competition. Upload a ‘happy photo’ of yourself on Instagram or Facebook with the hashtag #BahagiaBersamaAirAsia (HappyWithAirAsia) and you could win Air Asia tickets.

 

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Light-hearted fun is something we see too little of in the corporate world.

The markets may have little light-heartedness but they seem fairly happy today. The ASX Small Ords is up 0.23 per cent to 2,951 and ASX 200 is up 0.27 per cent to 6,709.

Speaking of happy people, ANZ-Roy Morgan consumer confidence rose 0.3 per cent last week. ANZ head of Australian economics David Plank noted it would “provide comfort to the RBA that the slide in consumer inflation expectations has been arrested”.

Going up

Amplia Therapeutics’ (ASX: ATX) anti-cancer drug recorded positive pre-clinical results and the stock is up 40 per cent today.

Base metals explorer Auris Minerals (ASX: AUR) gained 20 per cent after earning in 70 per cent of its joint venture project.

Here are the best performing ASX small cap stocks at lunchtime, Tuesday July 23:

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Code Name Price % Change Market Cap Volume
SHK Stone Resources Australia Ltd 0.002 +100.00% $1.6M 955.1k
XST XState Resources Ltd 0.002 +100.00% $1.7M 5.3M
CAV Carnavale Resources Ltd 0.003 +50.00% $2.2M 10.6k
CZN Corazon Mining Ltd 0.003 +50.00% $3.3M 3.6M
ATX Amplia Therapeutics Ltd 0.18 +40.00% $7.6M 935.7k
UCW UCW Ltd 0.18 +34.62% $19.4M 818.4k
RIM Rimfire Pacific Mining NL 0.004 +33.33% $4.3M 3.4M
MLS Metals Australia Ltd 0.002 +33.33% $4.4M 200.0k
ZEU ZEUS Resources Ltd 0.009 +28.57% $1.6M 86.0k
BMG BMG Resources Ltd 0.014 +27.27% $7.8M 30.1M
PCL Pancontinental Oil & Gas NL 0.0025 +25.00% $10.8M 3.1M
AAJ Aruma Resources Ltd 0.005 +25.00% $3.3M 240.0k
BLY Boart Longyear Ltd 0.005 +25.00% $42.1M 2.1M
PAA PharmAust Limited 0.065 +20.37% $15.1M 2.5M
CTO Citigold Corp Ltd 0.006 +20.00% $13.0M 2.1M
DLC Delecta Ltd 0.006 +20.00% $4.2M 3.0k
LMG Latrobe Magnesium Ltd 0.006 +20.00% $7.8M 470.5k
BLZ Blaze International Ltd 0.02 +20.00% $5.0M 542.2k
AUR Auris Minerals Ltd 0.02 +20.00% $7.4M 8.5M
SDV SciDev Ltd 0.22 +18.92% $24.1M 727.7k
RSH Respiri Ltd 0.13 +18.18% $65.3M 340.1k
FZO Family Zone Cyber Safety Ltd 0.27 +17.39% $52.2M 3.2M
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Going down

Dotz Nano (ASX: DTZ) fell 16 per cent after completing a capital raise.

Cogstate (ASX: CGS) declined 14 per cent after it released a quarterly that showed despite progress towards profitability, it was not quite there yet.

Here are the worst performing ASX small cap stocks at lunchtime, Tuesday July 23:

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Code Name Price % Chg Market Cap Volume
CLZ Classic Minerals Ltd 0.001 -33.33% $3.8M 1.5M
RFN Reffind Ltd 0.003 -25.00% $1.8M 94.5k
GLV Global Vanadium Ltd 0.0015 -25.00% $4.2M 1.4M
AIR Astivita Ltd 0.8 -21.57% $15.2M 17.5k
PUR Pursuit Minerals Ltd 0.008 -20.00% $1.8M 1.7M
EVE EVE Investments Ltd 0.005 -20.00% $12.5M 445.0k
PWN Parkway Minerals NL 0.005 -16.67% $3.0M 3.7M
DTZ Dotz Nano Ltd 0.07 -16.46% $14.4M 296.1k
AER Aeeris Ltd 0.12 -14.29% $7.9M 8.0k
UUV UUV Aquabotix Ltd 0.006 -14.29% $2.8M 13.1M
CGS Cogstate Ltd 0.19 -13.64% $27.0M 65.8k
IVO Invigor Group Ltd 0.0035 -12.50% $8.6M 1.0M
EQE Equus Mining Ltd 0.02 -11.76% $13.5M 760.2k
PNX PNX METALS Ltd 0.008 -11.11% $21.9M 1.9M
IMC Immuron Ltd 0.13 -10.71% $19.6M 294.0k
ADR Adherium Ltd 0.03 -10.71% $4.4M 61.4k
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