ASX Small Cap Lunch Wrap: Who's coming in second best today?

There’s no love lost between the two biggest billionaires of the modern era.

Jeff Bezos has just tweeted a 1999 article from Barron’s magazine, using it to give advice on how to handle criticism.

🥈

— Elon Musk (@elonmusk) October 11, 2021

Elon Musk goaded him by replying with a cheeky silver medal emoji, reminding everyone that he’s taken over the reins as the world’s richest.

At last count, Musk is worth $US222 billion vs Bezos’ $US190.8 billion.

The two are currently embroiled in a court battle where Bezos is suing NASA to block Musk’s SpaceX from receiving a $3 billion contract to develop a lunar lander that would carry astronauts to the moon.

To the markets….

The benchmark ASX 200 was down by 0.26% coming into the half way mark.

Miners were the clear winners, while the tech sector has offset that gain and was the worst performer.

Mining and energy stocks were buoyed by the surge in commodity prices overnight, where iron ore jumped by 9.5% and oil prices rose to levels not seen since 2018.

Giants like BHP (ASX:BHP), Fortescue Metasls (ASX:FMG), and Santos (ASX:STO) all rose by around 1%.

Concerns about inflation and rising interest rates are having an impact on tech stocks globally, with Afterpay (ASX:APT) down by over 2% in morning trade.

In other large caps news, Westpac (ASX:WBC) is down 1% after announcing that its net profit and cash earnings in the second half will be reduced by $1.3 billion (after tax) due to notable items.

This includes a $965m write-down of assets (goodwill etc), and $172m in provisions for customer refunds.

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for October 12 [intraday]:

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

Code	Name	Price	% Change	Volume
YPB	YPB Group Ltd	0.0065	30	123446578
NTL	New Talisman Gold	0.0025	25	500000
OVT	Ovato Limited	0.0025	25	383386
VIC	Victory Mines Ltd	0.0025	25	15190005
SWK	Swick Mining	0.33	22	3059505
VIA	Viagold Rare Earth	1.22	22	10238
FRS	Forrestaniaresources	0.425	21	10409461
ESH	Esports Mogul Ltd	0.006	20	4554786
TSC	Twenty Seven Co. Ltd	0.006	20	37029294
PRO	Prophecy Internation	0.84	17	843444
AVW	Avira Resources Ltd	0.007	17	477714
CHR	Charger Metals	0.5	16	330313
QXR	Qx Resources Limited	0.015	15	12082686
PRM	Prominence Energy	0.016	14	30871990
PSC	Prospect Res Ltd	0.4	14	3683018
PLG	Pearlgullironlimited	0.16	14	173976
AMO	Ambertech Limited	0.395	13	216732
AJL	AJ Lucas Group	0.047	12	1376342
BTR	Brightstar Resources	0.047	12	1263805
RVS	Revasum	0.815	12	289283
TI1	Tombador Iron	0.05	11	4190445
AEV	Avenira Limited	0.01	11	59516
SHH	Shree Minerals Ltd	0.01	11	1917082

The YPB Group (ASX:YPB) jumped 20% after launching a new product, MultiSec Shield, targeting government document authentication. It has a US patent grant, and can provides immediate smartphone verification as to whether a document is fake or real .

Software company Prophecy International (ASX:PRO) zoomed 20% after reporting strong sales growth in FY22 so far. The company reported $3.2m in new eMite sales, a year-on-yea (increase of more than 800%.

PRO’s eMite is a SaaS-based contact (call) centre analytics platform, helping large enterprises and government customers to maximise customer service.

Swick Mining Services (ASX:SWK) surged 20% after announcing a merger with DDH1 (ASX:DDH), which the two sides say will create a world-leading drilling company for the mining industry. Swick is currently the leading underground diamond driller in Australia.

ASX SMALL CAP LOSERS

Here are the best performing ASX small cap stocks for October 12 [intraday]:

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

Code	Name	Price	% Change	Volume
PDI	Predictive Disc Ltd	0.17	-28	34292639
NCL	Netccentric Ltd	0.125	-17	1500
BRU	Buru Energy	0.1375	-17	3192021
CCE	Carnegie Cln Energy	0.0025	-17	4176349
EN1	Engage:Bdr Limited	0.0025	-17	190000
ENA	Ensurance Ltd	0.25	-15	52665
AMD	Arrow Minerals	0.006	-14	1084268
CZR	CZR Resources Ltd	0.008	-11	270000
CHK	Cohiba Min Ltd	0.017	-11	4386503
LLO	Lion One Metals Ltd	1.12	-10	9300
WGO	Warrego Energy Ltd	0.1525	-10	4731225
MEB	Medibio Limited	0.009	-10	11711238
SBR	Sabre Resources	0.0045	-10	100000
SIH	Sihayo Gold Limited	0.009	-10	1526007
MHC	Manhattan Corp Ltd	0.01	-9	156422
OEX	Oilex Ltd	0.005	-9	16140741
CR9	Corellares	0.042	-9	1719811
ATC	Altech Chem Ltd	0.096	-9	8473937
EPX	Ept Global Limited	0.11	-8	16000
LCT	Living Cell Tech.	0.011	-8	2761771
RNE	Renu Energy Ltd	0.045	-8	23471
GMR	Golden Rim Resources	0.006	-8	15000
DC2	Dctwo	0.19	-7	83308

Predictive Discovery (ASX:PDI) tanked 25% after a media report questioned the legality for the company to establish mining operations on part of the area covered under the Bankan Project in Guinea.