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ASX Small Cap Lunch Wrap: Who’s looking down at their feet today?
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As the global death toll from COVID-19 ticks over 315,000, countries across the world are in various stages of easing social distancing restrictions.
And as part of the battle to contain the spread, one Boston skin specialist has unexpectedly found themselves looking at a lot of…toes.
Dermatologist Esther Freeman told the AP that in practising via telehealth, she’s seen more pictures of toes over the last few weeks than she has in her entire career.
Viruses are often the cause of various rashes and ailments, and a feature of COVID-19 appears to be irritation of the toes — bright red sores that look like the result of excessive exposure to cold weather.
While the news is likely to prompt some to look down and check their feet, investors were looking up this morning as the ASX got off to a strong start.
Markets continue to take a more optimistic view of the next six to 12 months, despite the risk of second waves and further economic contractions.
The ASX200 was up 1.5 per cent to 5,483 points while the Small Ords index climbed more than 2 per cent to 2,492 points.
WINNERS
Here are the best performing ASX small cap stocks at 12pm Monday May 18:
Swipe or scroll to reveal the full table. Click headings to sort.
| Code | Company | Price | % Change | Market Cap |
|---|---|---|---|---|
| MGT | Magnetite Mines | 0.002 | 100.00% | $2.3M |
| WOA | Wide Open Agriculture | 0.215 | 53.57% | $9.9M |
| CLZ | Classic Minerals Ltd | 0.002 | 50.00% | $8.2M |
| PCL | Pancontinental Oil&Gas | 0.002 | 50.00% | $5.4M |
| AX8 | Accelerate Resources | 0.031 | 40.91% | $2.5M |
| BNL | Big Star Energy | 0.007 | 40.00% | $5.1M |
| ATU | Atrum Coal | 0.28 | 33.33% | $152.6M |
| BSM | Bass Metals Ltd | 0.004 | 33.33% | $11.3M |
| NES | Nelson Resources | 0.053 | 32.50% | $2.8M |
| YOJ | Yojee | 0.034 | 30.77% | $33.4M |
| IBG | Ironbark Zinc Ltd | 0.009 | 28.57% | $8.3M |
| AGE | Alligator Energy Ltd | 0.007 | 27.27% | $10.0M |
| SCI | Silver City Minerals Ltd | 0.014 | 27.27% | $4.8M |
| IVR | Investigator Resources Ltd | 0.018 | 23.33% | $15.2M |
| GTR | GTI Resources Ltd | 0.048 | 23.08% | $18.1M |
| KIN | Kin Mining NL | 0.10 | 25.00% | $50.4M |
| RMP | Red Emperor Resources | 0.01 | 25.00% | $4.2M |
| NUS | Nusantara Resources | 0.32 | 20.75% | $66.8M |
| PMY | Pacifico Minerals Ltd | 0.006 | 20.00% | $17.3M |
| VMT | Vmoto Ltd | 0.22 | 22.22% | $50.1M |
Among the winners, food producer Wide Open Agriculture (ASX:WOA) rose by as much as 75 per cent in morning trade, after taking another step towards its goal of supplying plant-based food options.
Wide Open said the use of lupin — which is expected to become a $3bn industry in Australia over the next decade — in plant-based products was a unique opportunity given that 60 per cent of global lupin supply comes from WA. Read more here.
LOSERS
Here are the worst performing ASX small cap stocks at 12pm Monday May 18:
Swipe or scroll to reveal the full table. Click headings to sort.
| Code | Company | Price | % Change | Market Cap |
|---|---|---|---|---|
| JPR | Jupiter Energy | 0.02 | -25.93% | $3.1M |
| SGO | Stream Group Ltd | 0.02 | -23.08% | $4.3M |
| ORN | Orion Gold NL | 0.013 | -18.75% | $37.7M |
| FMS | Flinders Mines | 0.019 | -17.39% | $72.9M |
| BIQ | BuildingIQ Inc | 0.005 | -16.67% | $1.9M |
| TAR | Taruga Gold Ltd | 0.011 | -15.38% | $3.6M |
| DXN | DXN | 0.011 | -15.38% | $5.0M |
| LPD | Lepidico | 0.007 | -12.50% | $32.4M |
| TSC | Twenty Seven | 0.007 | -12.50% | $10.4M |
| TGM | Theta Gold Mines | 0.21 | -10.64% | $92.8M |
| HCH | Hot Chili | 0.018 | -10.00% | $31.3M |
| CKA | Cokal Ltd | 0.036 | -10.00% | $33.2M |
| CML | Chase Mining | 0.009 | -10.00% | $2.1M |
| BAR | Barra Resources Ltd | 0.018 | -10.00% | $11.9M |
| GLB | Globe International Ltd | 1.07 | -9.32% | $48.9M |
| RFG | Retail Food Group | 0.069 | -9.21% | $161.0M |
| LCL | Los Cerros | 0.05 | -9.09% | $12.8M |
| RLE | Real Energy Corporation Ltd | 0.02 | -9.09% | $7.8M |
| CFO | Cfoam | 0.04 | -9.09% | $8.5M |
