ASX Small Cap Lunch Wrap: Who's got their Crack House in order today?

We’ve scratched our heads about NFTs selling for hundreds of thousands of dollars but here’s something that arguably beats it.

Last Saturday a property in Derby, Tasmania affectionately nick-named “the Crack House”, sold for $1.3 million. The house was built in 1900 but its most recent owner transformed it into a makeshift bar and gave it the nickname.

Bidders were expecting a $800,000 sale but it sold for nearly 50% more despite there only being three people in competition.

Those three people, though, were no doubt attracted to Derby’s mountain bike culture. While an undeniably pretty little former tin-mining town, Derby has also been a ghost town… until MTB trails started being cut into the hills around it as the MTB craze started to take off.

Now, 90 minutes out of Launceston, into the northeast of Tasmania, it’s also a desirable investment as well as a world-class biking destination.

In fact, the NSW buyer pulled over while on his bike to bid for the property on his phone.

The ASX hasn’t performed as well today, falling 0.88%. Resources led the laggard sectors, falling nearly 3%.

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for Thursday September 2 as at 12pm:

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Code	Name	Price	% Change	Volume
TTA	TTA Holdings Ltd	0.082	128	2241086
GBR	Greatbould Resources	0.16	90	43298581
RWL	Rubicon Water	1.56	56	1144225
CLZ	Classic Min Ltd	0.0015	50	17561417
GGE	Grand Gulf Energy	0.0175	46	18008940
AYM	Australia United Min	0.014	27	5911048
FIN	FIN Resources Ltd	0.049	26	6378617
CAG	Caperangeltd	0.41	24	44797
A8G	Australasian Gold	0.24	23	942057
QXR	Qx Resources Limited	0.012	20	1681344
ONX	Orminexltd	0.05	19	1963473
DEV	Devex Resources Ltd	0.295	18	1540487
PO3	Purifloh Ltd	1.635	17	5907
HNR	Hannans Ltd	0.007	17	1188545
TSC	Twenty Seven Co. Ltd	0.0035	17	792147
AUA	Audeara	0.11	16	207067
DC2	Dctwo	0.22	16	153843
AEI	Aeris Environmental	0.15	15	84665
CMD	Cassius Mining Ltd	0.015	15	40554
PNX	PNX Metals Limited	0.008	14	1087500
BID	Bill Identity Ltd	0.405	14	1104437
TRM	Truscott Mining Corp	0.033	14	19999
NOR	Norwood Systems Ltd.	0.017	13	40000

Today’s top stock was consumer electronics company TTA Holdings (ASX:TTA), which rose 128% in the first 13 minutes of trade despite having no news. Trading in TTA shares has since been paused.

Rubicon Water (ASX:RWL), an irrigation-tech company, rose over 50% on its ASX debut.

Gold play Great Boulder Resources (ASX:GBR) announced drilling results from its Mulga Bill prospect in WA, which were up 150g/t gold.

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks for Thursday September 2 as at 12pm:

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Code	Name	Price	% Change	Volume
ANL	Amani Gold Ltd	0.0015	-25	68232274
WOO	Wooboard Tech Ltd	0.0015	-25	875000
NTL	New Talisman Gold	0.002	-20	5000
CCE	Carnegie Cln Energy	0.0025	-17	44215192
FGL	Frugl Group Limited	0.044	-12	134940
LNY	Laneway Res Ltd	0.004	-11	249083
WWI	West Wits Mining Ltd	0.059	-11	14924474
BIR	BIR Financial Ltd	0.034	-11	451200
IAP	Irongate Group	1.4725	-10	732026
INP	Incentiapay Ltd	0.026	-10	23600
CGB	Cann Global Limited	0.0045	-10	3909901
SCL	Schrole Group Ltd	0.009	-10	248247
CNJ	Conico Ltd	0.077	-9	3540184
CTO	Citigold Corp Ltd	0.01	-9	212545
ELE	Elmore Ltd	0.02	-9	1424026
DLT	Delta Drone Intl Ltd	0.032	-9	1899656
FEL	Fe Limited	0.065	-8	6557818
AFR	African Energy Res	0.034	-8	1912053
WFL	Wellfully Limited	0.115	-8	1188680
HVM	Happy Valley	0.12	-8	86797
OKJ	Oakajee Corp Ltd	0.06	-8	78033
CZN	Corazon Ltd	0.037	-8	241767
MNB	Minbos Resources Ltd	0.125	-7	3544794