Running the country appears to have been thirsty work for Donald Trump, but not for his successor in the Oval Office, President Joe Biden.

Trump was partial to drinking cola while working at the Resolute Desk in the White House, according to his staffers.

A special wooden box with a red button was installed on the desk which, when pressed, would summon a butler with a Diet Coke on a silver platter.

This could happen several times a day, his staff said.

Visitors to the Oval Office would sometimes stare quizzically at the red press-button device, wondering about its purpose — a trigger for a trapdoor to dispatch unwanted guests, perhaps?

The new President has already had the button removed from the Resolute Desk, as well as other paraphenalia such as military flags.

 

lunch wrap

President Joe Biden has removed his predecessor’s soft drink summoning device from the Resolute Desk. Pic: AFP/Getty

 

To markets:

At lunch time in Sydney, the broad ASX All Ordinaries index was in the green at 7,109 points, a rise of 30.50 points or 0.4 per cent.

The ASX All Ords is within a hundred or so points of its February high of 7,255.

The market may have been buoyed by the Therapeutic Goods Administration approving Pfizer’s vaccine for COVID-19 in Australia.

Iron ore miners on the ASX were making solid gains this morning. Iron ore landed in China was trading at $US170 per tonne ($220/tonne) on Friday.

 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Monday January 25:

Swipe or scroll to reveal the full table. Click headings to sort.

Stocks highlighted in yellow made market moving announcements
CODE NAME PRICE % CHANGE VOLUME MARKET CAP
T3D 333D Limited 0.002 100 1000000 $ 1,065,995.76
ANL Amani Gold Ltd 0.0015 50 950000 $ 9,386,996.75
CLZ Classic Min Ltd 0.0015 50 16825500 $ 17,034,968.31
UUV UUV Aquabotix Ltd 0.002 33 3000 $ 3,582,562.22
BPH BPH Energy Ltd 0.074 32 35260540 $ 32,533,053.22
HMX Hammer Metals Ltd 0.094 25 47054183 $ 56,181,509.40
MRQ Mrg Metals Limited 0.015 25 20501201 $ 16,435,534.54
ENA Ensurance Ltd 0.021 24 2615553 $ 9,706,255.94
CG1 Carbonxt Group 0.23 21 1615721 $ 26,945,757.44
AVL Aust Vanadium Ltd 0.029 21 18736055 $ 70,323,811.54
QXR Qx Resources Limited 0.018 20 67000 $ 8,006,434.83
DDD 3D Resources Limited 0.006 20 72575553 $ 18,076,860.46
NCR Nucoal Resources Ltd 0.012 20 15541045 $ 7,686,123.54
GEV Global Ene Ven Ltd 0.12 20 3897648 $ 37,923,865.85
BEM Blackearth Minerals 0.075 19 4314146 $ 9,476,112.43
PWN Parkway Minls NL 0.025 19 74911390 $ 39,915,833.64
ATC Altech Chem Ltd 0.058 18 28330925 $ 60,704,584.19
CAY Canyon Resources Ltd 0.14 17 2076693 $ 73,668,426.24
MRD Mount Ridley Mines 0.0035 17 10756736 $ 11,655,639.13
KIS King Island 0.145 16 1356410 $ 38,004,584.25
T3D 333D Limited 0.002 100 1000000 $ 1,065,995.76

 

Digital printing company 333D (ASX:T3D) had the highest move of ASX small caps Monday at 100 per cent without issuing any fresh news.

The company last week told the ASX it was unaware of any market-moving news and in the year ended June 2020, 333D reported a net loss of $598,000.

Amani Gold (ASX:ANL) went up significantly even though its last update to the market was a pre-Christmas announcement on its gold project in the Democratic Republic of Congo.

The Africa-focused explorer said at the time it expected to complete a feasibility study for its Kebigada deposit in January 2021.

Kebigada has an estimated mineral resource of 4.1 million ounces at a cut-off grade of 0.5 grams per tonne (g/t) gold, and twice that of the deposit’s maiden resource estimate.

Hammer Metals (ASX:HMX) advanced strongly in Monday early trade, rising 25 per cent, as it pledged to follow up on its new copper and gold discovery at its Mount Isa East joint venture in Queensland.

The copper and gold explorer has extended its current drilling program for its Trafalgar prospect after making several impressive hits for copper and gold.

Hammer Metals’ intercepts announced last week included 55m at 1.12 per cent copper and 0.30 g/t gold from 119m.

 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Monday January 25:

Swipe or scroll to reveal the full table. Click headings to sort.

CODE NAME PRICE % CHANGE VOLUME MARKET CAP
CCE Carnegie Cln Energy 0.0015 -25 14641128 $ 23,064,137.12
XPE Xped Limited 0.003 -25 7370000 $ 7,971,448.10
IKW Ikwezi Mining Ltd 0.4 -23 3000 $ 21,137,986.48
ROG Red Sky Energy. 0.002 -20 1750000 $ 6,079,805.49
XTC Xantippe Res Ltd 0.002 -20 490000 $ 10,186,411.01
EME Energy Metals Ltd 0.155 -18 100000 $ 39,839,829.28
HT8 Harris Technology Gl 0.155 -18 6780326 $ 48,449,141.39
NC6 Nanollose Limited 0.15 -17 2984416 $ 21,410,837.10
KEY KEY Petroleum 0.005 -17 2729166 $ 11,807,568.76
ERG Eneco Refresh Ltd 0.046 -15 10000 $ 14,707,350.74
AGE Alligator Energy 0.012 -14 27259299 $ 32,989,855.25
IMS Impelus Ltd 0.006 -14 374000 $ 5,623,422.60
NPM Newpeak Metals 0.003 -14 4035507 $ 16,338,568.78
VAL Valor Resources Ltd 0.007 -13 2530425 $ 15,366,784.68
PNN PepinNini Minerals 0.53 -12 2267015 $ 22,852,814.40
MHK Metalhawk. 0.23 -12 1405324 $ 9,375,600.00
LIO Lion Energy Limited 0.031 -11 111255 $ 7,259,062.65
BPM BPM Minerals 0.28 -11 421649 $ 7,796,250.00
RCR Rincon 0.285 -11 397513 $ 11,896,547.20
ENV Enova Mining Limited 0.041 -11 650512 $ 15,578,306.82
ARO Astro Resources NL 0.0045 -10 3226002 $ 14,978,465.06
CAV Carnavale Resources 0.009 -10 3302122 $ 20,422,303.03

 

Largest small caps faller on the ASX on Monday was Carnegie Clean Energy (ASX:CCE) the wave energy company that has restarted operations at its Garden Island microgrid in WA.

The company’s Garden Island operation had to temporarily halt its electricity generation activities while work was undertaken at a nearby naval base close to Fremantle port.

Internet technology company XPED (ASX:XPE) also dipped in early trade as investors reacted lukewarmly to its capital raising for nearly $1m.

XPED uses internet of things technology in the healthcare space including its specialty nurse call software that is used in hospitals and aged care facilities.