Extensions… typically preferable for school homework assignments or responses to ASX queries — not so much for COVID-19 lockdowns.

As of this morning, Melbournians are set to face another week largely confined to their homes, after the June 3 deadline was extended for another seven days.

Despite only six new cases from more than 50,000 tests, the current strain on the loose has proven stubborn with health authorities flagging instances of stranger-to-stranger transmission just by being in close proximity.

ASX stocks are largely buoyant, with all the major indexes on track for a solid session.

March-quarter GDP data this morning showed Australia’s economy has completely bounced back, and is now larger than it was before the pandemic.

Energy stocks are up, after an OPEC agreement to slowly increase supply saw oil prices rise overnight. Broader gains were also led by mining stocks after iron ore rose back above US$200/t.

US stock futures are also pointing slightly higher while gold is holding around US$1,900/oz amid a broader downtrend for the US dollar.
 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Wednesday, June 2:

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Code Name Price % Change Volume Market Cap
RMI Resource Mining Corp 0.018 50 169,120 $3,910,729
ANL Amani Gold Ltd 0.0015 50 19,619,160 $12,386,997
CLZ Classic Min Ltd 0.0015 50 12,339,666 $20,110,632
ATX Amplia Therapeutics 0.295 44 2,300,451 $25,534,310
UUV UUV Aquabotix Ltd 0.002 33 1,327,369 $3,582,562
SOP Synertec Corporation 0.098 23 3,036,666 $22,871,076
RHI Red Hill Iron 1.02 20 47,298 $50,896,427
WOO Wooboard Tech Ltd 0.003 20 2,749,354 $9,555,407
VTI Vision Tech, Inc 0.013 18 5,258,314 $25,998,641
EMP Emperor Energy Ltd 0.036 16 830,999 $4,352,181
LCK Leigh Crk Energy Ltd 0.255 16 1,066,304 $156,763,994
ESR Estrella Res Ltd 0.075 15 59,270,809 $59,719,367
ODY Odyssey Gold Ltd 0.155 15 5,046,931 $61,091,611
AFW Applyflow Limited 0.008 14 374,375 $12,682,976
SP3 Spectur Ltd 0.074 14 3,322,474 $6,909,843
IVZ Invictus Energy Ltd 0.165 14 3,709,959 $81,917,066
ICQ Icar Asia Ltd 0.34 13 1,298,803 $131,041,458
BMN Bannerman Resources 0.2 13 5,061,949 $214,044,800
ARE Argonaut Resources 0.009 13 6,662,930 $23,302,972
GTG Genetic Technologies 0.009 13 1,807,785 $72,133,814
VOL Victory Offices Ltd 0.23 12 20,000 $16,769,000
PDN Paladin Energy Ltd 0.56 12 17,189,465 $1,338,781,202
RVS Revasum 0.335 12 201,800 $31,687,758

It’s been a good morning for biotech Amplia Therapeutics (ASX:ATX), as investors responded positively to an update on the use of its AMP945 — Focal Adhesion Kinase (FAK) inhibitor.

When used in an animal model of aggressive pancreatic cancer, adding to AMP945 to the combined use of gemcitabine and Abraxane – a common treatment for pancreatic cancer — the therapy “increases survival by 27%”.

Also rising strongly was diversified technology company Synertec Corporation (ASX:SOP), which provided a trading update on revenues and product development across its various tech and engineering units.

The Melbourne-based company said it had grown its workforce by around 50 per cent since Victorian COVID-19 restrictions were lifted late last year.

“This has allowed the company to pitch for, and win, new contract awards across its target sectors, including a contract with Melbourne Water,” SOP said.

“The status of our engineering business as a self-sustaining, cash-generative profit centre stands as a positive example and leading indicator of what we foresee for our technology development business,” the company added.

Also appearing on today’s winners’ list was medtech company Visioneering Technologies (ASX:VTI), which makes and sells the NaturalVue Multifocal contact lens. Shares in the company rose by around 20% to 1.3c following an investor update.
 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Wednesday, June 2:

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

Code Name Price % Change Volume Market Cap
ECT Env Clean Tech Ltd 0.001 -50 50,000 $23,169,250
GGX Gas2Grid Limited 0.0025 -29 47,665,553 $7,005,429
CXX Cradle Resources Ltd 0.05 -24 331,295 $12,518,998
IVX Invion Ltd 0.0155 -23 36,262,420 $110,760,846
BAS Bass Oil Ltd 0.002 -20 16,584 $8,355,350
WZR Wisr Ltd 0.26 -18 14,742,156 $350,826,333
VIC Victory Mines Ltd 0.0025 -17 609,950 $16,704,758
SRN Surefire Rescs NL 0.022 -15 39,527,328 $28,526,171
AMD Arrow Minerals 0.006 -14 120,446 $11,658,340
CIO Connected Io Ltd 0.006 -14 417,244 $3,731,558
RTR Rumble Res Limited 0.465 -12 17,068,548 $324,437,605
TZN Terramin Australia 0.03 -12 12,609 $71,963,132
AER Aeeris Ltd 0.115 -12 3,750 $7,796,602
PO3 Purifloh Ltd 1.5 -11 130 $53,274,712
SWP Swoop Holdings Ltd 0.87 -11 547,919 $111,895,100
MBK Metal Bank Ltd 0.009 -10 46,153 $11,845,083
IFM Infomedia Ltd 1.38 -10 1,078,534 $574,916,382
AAU Antilles Gold Ltd 0.062 -10 1,006,930 $16,709,003
CPV Clearvue Technologie 0.44 -9 1,795,563 $77,773,419
TMX Terrain Minerals 0.01 -9 3,331,955 $8,093,371