ASX Small Cap Lunch Wrap: Who’s keeping it 'briefs' today?

Elvis Presley’s pre-worn, rhinestone-studded jockstrap is up for sale.

The famously sweaty performer apparently wore this thing — made by a fan — “several times in the 1970s”.

“It is extravagant. It is absurd. It is absolutely Elvis,” said Daniel Wade, manager of Paul Fraser Collectibles in Bristol, which is selling this timeless item for about £30,000 ($74,340).

But has it been washed?

In markets…

European share markets were up Thursday with the pan European STOXX 600 index closing at 11-week highs.

US share markets turned negative in the final hour of trade when the US Commander in Tweet announced a Friday press conference on China. Twitter shares also fell 4.5 per cent amid Trump’s ‘executive order’ threats.

The ASX200 Index bought into the drama, falling about 1.18 per cent in morning trade.

WINNERS

Here are the best performing ASX small cap stocks at 12pm Friday May 29:

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

CODE	COMPANY	PRICE	CHANGE	MARKET CAP
RTG	RTG Mining	0.14	102.90%	$33.9M
EMN	Euro Manganese	0.12	44.58%	$15.7M
KTE	K2 Energy	0.015	36.36%	$3.3M
ACR	Acrux	0.185	37.04%	$22.8M
AVW	Avira Energy	0.004	16.67%	$3.4M
DDD	3D Resources	0.004	33.33%	$9.9M
EM1	Emerge Gaming	0.016	23.08%	$8.5M
CUL	Cullen Resources	0.011	22.22%	$2.5M
AME	Alto Metals	0.075	20.97%	$22.0M
BPL	Broken Hill Prospecting	0.024	20.00%	$6.3M
PDZ	Prairie Downs Metals	0.13	18.18%	$27.6M
GLH	Global Health	0.135	17.39%	$5.7M
PEX	Peel Mining	0.17	17.24%	$41.4M
MKG	Mako Gold	0.076	16.92%	$7.7M
KMT	Kopore Metals	0.007	16.67%	$4.5M
STM	Sunstone Metals	0.007	16.67%	$15.5M
SYA	Sayona Mining	0.007	16.67%	$17.3M
AGE	Alligator Energy	0.007	16.67%	$10.1M
ADX	Adx Energy	0.007	16.67%	$12.0M
G88	Golden Mile	0.05	16.28%	$4.5M

Dual-listed explorer RTG Mining (ASX:RTG) now has a mining licence for its high-grade Mabilo copper-gold project in the Philippines.

The stock led the winners in morning trade, up +100 per cent to 14c per share.

Fellow TSX/ASX dual listed Euro Manganese (ASX:EMN) is on the hunt for a strategic partner to assist with the development of the Chvaletice manganese project in the Czech Republic.

The advanced Chvaletice project “is highly strategic due to its well-connected location in the heart of Europe’s fast-growing electric vehicle and battery production supply chain”, the company says.

Euro Manganese — which has already received “expressions of interest from various parties” — was up ~45 per cent in morning trade.

Pharma play Acrux (ASX:ACR) climbed ~37 per cent to three-month highs after announcing a US distribution agreement.

Subject to FDA regulatory approval, US business partner TruPharma will commercialise Acrux’s products and the pair will share in gross profits.

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Friday May 29:

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

CODE	COMPANY	PRICE	CHANGE	MARKET CAP
OEX	Oilex	0.002	-33.33%	$7.3M
CFE	Cape Lambert Resources	0.002	-33.33%	$3.1M
AZI	Alta Zinc	0.005	-28.57%	$11.0M
CTE	Cryosite Ltd	0.175	-28.57%	$8.2M
SBR	Sabre Resources Ltd	0.003	-25.00%	$2.6M
FPL	Fremont Petroleum	0.004	-20.00%	$8.3M
SGI	Stealth Global	0.06	-20.00%	$7.4M
IP1	Integrated Payment Tech	0.008	-20.00%	$2.5M
PUA	Pure Alumina	0.013	-18.75%	$3.1M
LIN	Lindian Resources	0.013	-18.75%	$7.6M
POW	Protean Energy	0.005	-16.67%	$1.6M
DLC	Delecta Ltd	0.005	-16.67%	$3.5M
TYX	Tyranna Resources	0.005	-16.67%	$5.3M
ALY	Alchemy Resources Ltd	0.012	-14.29%	$6.6M
CMD	Cassius Mining	0.006	-14.29%	$1.7M
SGC	Sacgasco	0.013	-13.33%	$4.0M
FNP	Freedom Foods	3.82	-12.39%	$1.2B