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ASX Small Cap Lunch Wrap: Who’s hitting their deadline today?
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It’s the last business day of July, which only means one thing; a deluge of business updates as ASX companies submit their 4C filings for the June quarter before the deadline.
There were plenty of winners and more than a few losers, with the morning scoreboard summaries duly presented below (stocks highlighted in yellow are the ones that made announcements).
If you’re trying to make sense of it all, here’s some tips from pro investor Josh Baker on how to de-code quarterly reporting season.
On broader markets, the ASX is trading flat on Friday after chalking up steady gains throughout the week.
Gold prices continued to edge above $US1,800/oz overnight as the precious metal rounded out a 3.3% gain for the month of July.
WINNERS
Here are the best performing ASX small cap stocks in morning trade for Friday, July 30:
Swipe or scroll to reveal the full table. Click headings to sort.
| Code | Name | Price | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| 8CO | 8Common Limited | 0.215 | 95.5% | 8,037,869 | $22,056,073 |
| CLZ | Classic Min Ltd | 0.0015 | 50.0% | 30,575,687 | $22,369,104 |
| PCL | Pancontinental Oil | 0.002 | 33.3% | 2,000,000 | $9,010,073 |
| ATP | Atlas Pearls Ltd | 0.021 | 31.3% | 36,030,504 | $6,845,948 |
| IGN | Ignite Ltd | 0.075 | 25.0% | 369,036 | $5,374,931 |
| CAD | Caeneus Minerals | 0.011 | 22.2% | 22,467,983 | $35,882,912 |
| GW1 | Greenwing Resources | 0.25 | 22.0% | 67,273 | $17,977,547 |
| OZM | Ozaurum Resources | 0.145 | 20.8% | 439,769 | $6,242,400 |
| DM1 | Desert Metals | 0.38 | 18.8% | 153,564 | $11,200,000 |
| AR9 | Archtis Limited | 0.365 | 15.9% | 1,982,949 | $73,469,138 |
| BEE | Broo Ltd | 0.015 | 15.4% | 2,917,454 | $12,294,789 |
| IPT | Impact Minerals | 0.015 | 15.4% | 520,000 | $26,309,334 |
| LEX | Lefroy Exploration | 0.905 | 14.6% | 185,014 | $94,977,487 |
| CR9 | Corellares | 0.056 | 14.3% | 831,504 | $15,483,994 |
| AQC | Auspaccoal Ltd | 0.21 | 13.5% | 62,889 | $9,339,690 |
| AOA | Ausmon Resorces | 0.0045 | 12.5% | 439,990 | $2,842,637 |
| DDD | 3D Resources Limited | 0.0045 | 12.5% | 622,113 | $15,521,488 |
| POW | Protean Energy Ltd | 0.009 | 12.5% | 220,604 | $5,204,904 |
| TMK | Tamaska Oil Gas Ltd | 0.009 | 12.5% | 359,703 | $7,520,000 |
| ETT | East 33 Limited | 0.275 | 12.2% | 56,375 | $54,391,872 |
| OOK | Ookami Limited | 0.285 | 11.8% | 340,024 | $8,452,823 |
| FTC | Fintech Chain Ltd | 0.067 | 11.7% | 95,743 | $39,046,175 |
| ICL | Iceni Gold | 0.195 | 11.4% | 308,388 | $19,386,499 |
Fintech company 8common (ASX:8CO) came out of an eight-day trading halt with a bang, advising that its subsidiary Expense8 has been mandated to manage the enterprise resource planning for the rollout of a new Australian government platform.
After three straight months of steady falls, 8CO recouped most its losses in one fell swoop at the opening bell with a gain of around 90%.
Recruitment platform Ignite (ASX:IGN) topped the pops on the last day of quarterlies season, climbing by 25%.
The company’s 4C filing showed it chalked up positive net operating cash flows of $1.155m, on cash receipts of $33.36m.
And in resources, nickel/gold/lithium explorer Caeneus Minerals (ASX:CAD) led the pack in percentage terms, after its shares ticked higher following the release of its quarterly activities report.
LOSERS
Here are the worst performing ASX small cap stocks in morning trade for Friday, July 30:
Swipe or scroll to reveal the full table. Click headings to sort.
| Code | Name | Price | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| XTC | Xantippe Res Ltd | 0.0015 | -25.0% | 486,672 | $8,149,129 |
| MMM | Marley Spoon | 2.25 | -19.4% | 1,378,532 | $714,309,750 |
| CCE | Carnegie Cln Energy | 0.0025 | -16.7% | 4,234,321 | $44,707,721 |
| ZNC | Zenith Minerals Ltd | 0.215 | -14.0% | 660,881 | $73,590,008 |
| EQX | Equatorial Res Ltd | 0.245 | -12.5% | 114,442 | $35,264,699 |
| MAY | Melbana Energy Ltd | 0.021 | -12.5% | 3,790,039 | $55,604,434 |
| ICN | Icon Energy Limited | 0.015 | -11.8% | 10,640 | $10,159,318 |
| OVN | Oventus Medical Ltd | 0.093 | -11.4% | 416,919 | $25,381,286 |
| WSP | Whispir Limited | 2.5 | -11.3% | 744,809 | $329,689,796 |
| AXP | AXP Energy Ltd | 0.004 | -11.1% | 14,375,000 | $21,053,306 |
| TYM | Tymlez Group | 0.016 | -11.1% | 4,879,422 | $17,713,991 |
| OEC | Orbital Corp Limited | 0.7 | -10.8% | 149,391 | $60,962,139 |
| PSL | Paterson Resources | 0.05 | -10.7% | 96,791 | $17,754,037 |
| N1H | N1 Holdings Ltd | 0.09 | -10.0% | 43,213 | $8,155,557 |
| CNJ | Conico Ltd | 0.055 | -9.8% | 17,669,695 | $55,898,390 |
| ICR | Intelicare Holdings | 0.15 | -9.1% | 525,138 | $7,746,854 |
| TAS | Tasman Resources Ltd | 0.03 | -9.1% | 2,383,373 | $22,148,025 |
| ORG | Origin Energy | 4.06 | -9.0% | 10,796,474 | $7,855,001,377 |
| SZL | Sezzle Inc | 7.39 | -8.8% | 598,364 | $840,036,695 |
| JAT | Jatcorp Limited | 0.021 | -8.7% | 6,620,655 | $38,225,026 |
| EVZ | EVZ Limited | 0.16 | -8.6% | 291,083 | $16,820,428 |
| ALB | Albion Resources | 0.165 | -8.0% | 31,024 | $5,061,358 |
| NAE | New Age Exploration | 0.011 | -8.0% | 414,002 | $17,140,787 |
Today’s quarterlies deadline claimed more than a few scalps, as 13 companies appeared on the loser’s list following market updates.
In percentage terms, Carnegie Clean Energy (ASX:CCE) posted the sharpest falls with a dip of around 15% heading into midday trade.
The company is the developer of its CETO technology, which captures energy from ocean waves and converts it into electricity.
CCE booked net operating cash outflows of $532,000 in the quarter, on cash receipts of $148,000.
