Monday mornings are usually a good time to check the weather outlook for the week ahead (mainly for planning purposes).
But a fan at the Brass Against rock concert in Florida this weekend was subjected to unexpected showers of a different kind, after lead singer Sophia Urista turned things up from 0-100 (real quick).
After inviting the fan up on stage for a ‘golden shower’, Urista proceeded to do just that — urinating on the man’s head. (The man was lying on his back with a can on his head, which didn’t do much to catch the deluge).
In light of some mild controversy surrounding the act, Urista’s band had to walk things back in a hurry.
“Sophia got carried away. That’s not something the rest of us expected, and it’s not something you’ll see again at our shows,” the band said.
On markets, the ASX has opened the week on a high note as the inflation dragon continues to linger on the sidelines.
Rising inflation (particularly in the US, but also elsewhere) has been the dominant narrative for a few months now, and investors are still split on the impact for markets if CPI growth proves to be more stubborn that transitory.
Pro trader Chris Weston said this morning that debate centres around whether the Fed is “behind the curve” in taking measure to control inflation — which could result in monetary policy tightening faster than markets currently expect.
“Clearly, the US November CPI (released 11 Dec) is going to be a big event for markets to digest, and the signs are price pressures will continue to build from the current 6.2% YoY pace,” Weston said.
In that environment, gold stocks outperformed this morning amid broader strength in the commodities complex.
Conversely, among the key ASX 200 sectors, banking and insurance stocks lagged the broader index.
ASX SMALL CAP WINNERS
Here are the best performing ASX small cap stocks for November 15 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Name | Price | % Change | Market Cap |
|---|---|---|---|---|
| OAK | Oakridge | 0.002 | 100.0% | $3,439,293 |
| NPM | Newpeak Metals | 0.0015 | 50.0% | $7,370,102 |
| IDZ | Indoor Skydive Aust | 0.036 | 38.5% | $8,754,203 |
| EFE | Eastern Iron | 0.074 | 34.5% | $49,828,651 |
| HAW | Hawthorn Resources | 0.074 | 34.5% | $18,343,359 |
| OEX | Oilex Ltd | 0.004 | 33.3% | $17,071,084 |
| WOO | Wooboard Tech Ltd | 0.002 | 33.3% | $5,733,244 |
| OAU | Ora Gold Limited | 0.018 | 28.6% | $11,789,333 |
| ANL | Amani Gold Ltd | 0.0025 | 25.0% | $36,851,128 |
| MLS | Metals Australia | 0.0025 | 25.0% | $10,477,115 |
| CPN | Caspin Resources | 1.2 | 22.4% | $68,424,296 |
| MI6 | Minerals260Limited | 0.71 | 22.4% | $127,600,000 |
| LCY | Legacy Iron Ore | 0.017 | 21.4% | $89,666,339 |
| GRV | Greenvale Mining Ltd | 0.38 | 20.6% | $125,037,620 |
| NXM | Nexus Minerals Ltd | 0.6 | 20.0% | $123,325,836 |
| PNR | Pantoro Limited | 0.275 | 19.6% | $324,069,701 |
| SMX | Security Matters | 0.34 | 17.2% | $48,100,659 |
| AUQ | Alara Resources Ltd | 0.028 | 16.7% | $16,930,302 |
| RFT | Rectifier Technolog | 0.057 | 16.3% | $67,370,293 |
| RNE | Renu Energy Ltd | 0.145 | 16.0% | $16,595,365 |
| DUN | Dundasminerals | 0.27 | 15.0% | $8,486,708 |
| LOM | Lucapa Diamond Ltd | 0.094 | 15.0% | $103,868,406 |
| AUH | Austchina Holdings | 0.008 | 14.0% | $12,582,671 |
Indoor Skydive Australia Group (ASX:IDZ) was among the big movers this morning, following the announcement of a new board appointment.
IDZ said military veteran Mark Smethurst will join the company as a non-executive director. Prior to leaving the defence force in 2017, Smethurst held multiple senior rules including the Commander of NATO Special Forces in Afghanistan.
His appointment follows IDZ’s expansion into virtual-reality based military training, via an acquisition in August.
“Mark’s experience dealing with Australian and International Defence and supply chains will be invaluable to ISA Group over the next few years as we execute our go-to-market strategy for our military and law enforcement simulation products,” IDZ CEO Wayne Jones said.
A number of iron ore and gold plays led the early leaders across the commodities complex. Get the full wrap of today’s biggest resources winners here.
Elsewhere, sub-$4m nanocap Oakridge (ASX:OAK), the Internet of Things and healthcare technology company (formerly named Xped) ticked higher to 0.2c for a gain of 100% on no news.
ASX SMALL CAP LOSERS
Here are the best performing ASX small cap stocks for November 15 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Name | Price | % Change | Market Cap |
|---|---|---|---|---|
| PCL | Pancontinental Energy | 0.001 | -33.3% | $10,551,334 |
| YPB | YPB Group Ltd | 0.002 | -33.3% | $17,792,734 |
| BAS | Bass Oil Ltd | 0.0015 | -25.0% | $9,225,363 |
| OVT | Ovato Limited | 0.002 | -20.0% | $30,532,031 |
| RMX | Red Mount Min Ltd | 0.011 | -15.4% | $19,037,958 |
| VR1 | Vection Technologies | 0.19 | -11.6% | $222,209,110 |
| MIO | Macarthur Minerals | 0.355 | -11.3% | $57,771,094 |
| XST | Xstate Resources | 0.004 | -11.1% | $14,468,317 |
| FGL | Frugl Group Limited | 0.026 | -10.3% | $5,220,000 |
| MLM | Metallica Minerals | 0.026 | -10.3% | $16,472,671 |
| MM8 | Medallion Metals. | 0.19 | -9.5% | $17,003,718 |
| CTO | Citigold Corp Ltd | 0.01 | -9.1% | $31,170,250 |
| CYQ | Cycliq Group Ltd | 0.02 | -9.1% | $7,645,366 |
| LNY | Laneway Res Ltd | 0.005 | -9.1% | $21,472,363 |
| SHH | Shree Minerals Ltd | 0.01 | -9.1% | $11,695,606 |
| LVE | Love Group Global | 0.1 | -9.1% | $4,458,759 |
| NGY | Nuenergy Gas Ltd | 0.032 | -8.6% | $51,833,442 |
| PAA | Pharmaust Limited | 0.11 | -8.0% | $38,029,486 |
| WGR | Westerngoldresources | 0.165 | -8.0% | $11,310,770 |
| SRN | Surefire Rescs NL | 0.011 | -8.0% | $13,251,725 |
| INP | Incentiapay Ltd | 0.023 | -8.0% | $25,262,857 |