It’s a Monday, and the ASX has the blues to start the week.
So we take you instead to the bowling lanes of the PBA Tour, where this young pro achieved the bowling equivalent of doubling down on BNPL stocks with 10x leverage at the height of the COVID-19 sell-off in March last year:
That looks… difficult.
Anyway, the ASX200 is down by around 0.4 per cent into midday trade, with similar falls across the other major indexes in Asian trade.
There were still plenty of small cap winners to start the week though, with resources and energy stocks leading the way.
US stock futures are pointing slightly lower, while the Aussie dollar — a global barometer for risk appetite — is trading back below US76c.
WINNERS
Here are the best performing ASX small cap stocks at 12pm Monday April 12:
Swipe or scroll to reveal the full table. Click headings to sort.
| Code | Name | Price | % Change | Volume | Market cap |
|---|---|---|---|---|---|
| CLZ | Classic Minerals Ltd | 0.0015 | 50 | 9,020,408 | $17,557,191 |
| SCI | Silver City Minerals | 0.044 | 38 | 75,494,697 | $15,595,528 |
| OXX | Octanex Ltd | 0.048 | 37 | 252,610 | $8,498,834 |
| GAL | Galileo Mining Ltd | 0.355 | 29 | 6,356,717 | $39,352,831 |
| VIC | Victory Mines Ltd | 0.0025 | 25 | 1,095,000 | $11,036,506 |
| STK | Strickland Metals | 0.028 | 22 | 5,897,335 | $9,686,485 |
| CAD | Caeneus Minerals | 0.0095 | 19 | 52,553,212 | $31,895,922 |
| GGG | Greenland Minerals | 0.13 | 18 | 19,710,664 | $147,570,758 |
| TKL | Traka Resources | 0.02 | 18 | 350,229 | $8,609,906 |
| YPB | YPB Group Ltd | 0.0035 | 17 | 2,786,762 | $14,975,462 |
| BFC | Beston Global Ltd | 0.087 | 16 | 1,954,665 | $63,200,581 |
| LCD | Latitude Consolidate | 0.055 | 15 | 2,667,201 | $37,490,945 |
| BAS | Bass Oil Ltd | 0.004 | 14 | 34,983,215 | $11,697,490 |
| AHQ | Allegiance Coal Ltd | 0.12 | 14 | 5,651,509 | $115,213,962 |
| EGY | Energy Tech Ltd | 0.16 | 14 | 89,975 | $23,943,214 |
| PYR | Payright Limited | 0.74 | 14 | 283,513 | $38,585,132 |
| RLT | Renergen Limited | 2.84 | 14 | 634,061 | $43,229,168 |
| AMD | Arrow Minerals | 0.009 | 13 | 1,450,000 | $10,659,054 |
| VAL | Valor Resources Ltd | 0.009 | 13 | 90,000 | $22,670,651 |
| RIE | Riedel Resources Ltd | 0.037 | 12 | 5,249,125 | $27,776,300 |
Silver City Minerals (ASX:SCI) led the pack after landing a big gold hit at its Austin project in WA’s Murchison region.
Pictures can tell 1,000 words, and rock sampling at SCI’s ‘Brians’ prospect revealed veins that looked like this:
Outside of resources and energy, gains were led by BNPL company Payright (ASX:PAY), which listed on the ASX in December.
It followed a trading update where PAY said it booked record gross transaction value on its platform in the March quarter.
Shares in PAY rose by almost 15 per cent to 73c, still well off its IPO listing price of $1.20.
LOSERS
Here are the best performing ASX small cap stocks at 12pm Monday April 12:
Swipe or scroll to reveal the full table. Click headings to sort.
| Code | Name | Price | % Change | Volume | Market cap |
|---|---|---|---|---|---|
| PCL | Pancontinental Oil | 0.002 | -33 | 828,343 | $ 18,020,146 |
| MLS | Metals Australia | 0.002 | -20 | 2,150,000 | $ 10,567,970 |
| XTC | Xantippe Res Ltd | 0.002 | -20 | 500,000 | $ 10,186,411 |
| OLH | Oldfields Holdings | 0.05 | -17 | 15,033 | $ 10,062,392 |
| NGY | Nuenergy Gas Ltd | 0.041 | -16 | 83,366 | $ 72,566,819 |
| SCI | Silver City Minerals | 0.039 | -15 | 10,182,287 | $ 22,418,572 |
| TYX | Tyranna Res Ltd | 0.007 | -13 | 179,000 | $ 10,258,885 |
| GGG | Greenland Minerals | 0.11 | -12 | 6,718,283 | $ 167,694,043 |
| AMD | Arrow Minerals | 0.008 | -11 | 3,000 | $ 11,991,436 |
| CIO | Connected Io Ltd | 0.008 | -11 | 25,000 | $ 4,797,717 |
| EQE | Equus Mining Ltd | 0.009 | -10 | 21,000 | $ 18,190,227 |
| GGX | Gas2Grid Limited | 0.0045 | -10 | 1,125,000 | $ 10,007,755 |
| AUH | Austchina Holdings | 0.01 | -9 | 260,000 | $ 17,975,368 |
| CDT | Castle Minerals | 0.01 | -9 | 3,202,889 | $ 8,057,509 |
| GNM | Great Northern | 0.01 | -9 | 113,723 | $ 11,637,116 |
| IHR | intelliHR Limited | 0.26 | -9 | 229,029 | $ 79,203,358 |
| ELT | Elementos Limited | 0.011 | -8 | 747,438 | $ 39,178,215 |
| GED | Golden Deeps | 0.011 | -8 | 400,000 | $ 9,298,217 |
| KP2 | Kore Potash PLC | 0.022 | -8 | 6,201,521 | $ 6,636,131 |
| MRQ | Mrg Metals Limited | 0.011 | -8 | 5,145,477 | $ 18,488,039 |
| OEX | Oilex Ltd | 0.0055 | -8 | 35,692,523 | $ 27,934,602 |