A bomb disposal squad was recently called to an English hospital after a man arrived with an unexploded WWII mortar stuck in his rectum.

The military enthusiast had the 57mm shell from an anti-tank gun as part of a private collection.

“He said he put it on the floor then he slipped and fell on it,” a source at Gloucestershire Royal Hospital said.

The bomb squad from the 11 Explosive Ordinance Disposal Regiment was called in to retrieve the device.

Luckily the mortar wasn’t ‘live’, but he might think twice about leaving mortars lying around in future.

To Markets …

The ASX 200 is down 11.60 points or 0.16% at midday today to 7,229.60.

Local stocks are in the red amid a broader tech selloff, with BNPL stocks getting hammered as investors continue to run for the exits.

According to Morningstar with Dow Jones, European stocks closed lower last week as investors digested the latest US nonfarm payrolls report (NFP).

“The week is ending on a sour note for equities, which remain in thrall to the potential spread of the Omicron variant, and are also sulking in the wake of a poor NFP figure,” IG analyst Chris Beauchamp said.

Payrolls rose less than forecast, and while the unemployment rate dropped, slower wage growth contributed to the move out of risk assets, he says.

In China, port operators and shipping firms led the upturn amid expectations of higher container freight rates due to tight cargo transportation capacity, which may be intensified by the new Covid-19 variant.

Many investors are now watching the Fed for how fast it expects to taper back its emergency post-COVID policy measures — and what that might do for risk assets.

Federal Reserve Bank of Atlanta President Raphael Bostic said Thursday that the Fed should accelerate the pace of its drawdown, or tapering, of monthly bond purchases.

The variant has triggered fresh restrictions around the world, throwing up new obstacles to overseas travel just as it was starting to bounce back from last year’s Covid-19 measures. Scientists are trying to gauge how effective current vaccines will be against the variant.

“Omicron will absolutely effect growth in the next few months,” said Dev Kantesaria, founder of Valley Forge Capital.

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for December 6 [intraday]:

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

 

The biggest small cap winner today was Love Group Global (ASX:LVE) up 40% on no news.

It was followed by Manhattan Corp (ASX:MHC) up 30% off the back of a 8m at 40.5 g/t gold hit – including 3m at 105.34 g/t gold – from RC drlling at its Tibooburra gold project in NSW.

“These are the best gold drill intersections reported from the Koonenberry Region to date,” executive director Kell Nielsen said.

“We are extremely pleased with their significance and feel that they prove the potential of the Tibooburra Project to host multi-million ounce gold discoveries.”

MHC plans to recommence drilling in January to test the size of this high-grade system at New Bendigo.

Up 25% was EVE Health Group (ASX:EVE) after entering an alliance agreement with health and wellness company Neptune Bio-Innovations to significantly expand Meluka Australia’s national retail distribution channel.

The alliance arrangement will commence in February 2022, across Neptune’s distribution networks including FMCG retailers, Pharmacy and organic goods distribution channels, including Eco Farms, Symbion, API, Vero Foods and Born Organics.

 

ASX SMALL CAP LOSERS

 The biggest loser today was a tie between Analytica Limited (ASX:ALT) and Bass Oil (ASX:BAS) both down 25% on no news.

White Rock Mining (ASX:WRM) dropped 23% after announcing a placement and entitlement offer to raise around $11 million at $0.24 per share, to pursue exploration at its Woods Point gold project in Victoria.

The funds raised will be used for in-mine and regional exploration activities at Woods Point as well as the recapitalisation of the Morning Star gold mine and gold processing facility and for care and maintenance of the mine.