ASX Small Cap Lunch Wrap: Who's made the switch forward this morning?

As if Australia wasn’t divided enough, the states were split even more over the weekend.

Daylight savings began in NSW, Victoria, Tasmania, South Australia and the ACT, taking Australia from three standard time zones to five.

You might be forgiven for thinking Sydneysiders are only on a public holiday just to get used to it, but it’s actually been permanent there since 1971 following trials earlier in the century. It’s only coincided with the Labour Day long weekend since 2008.

While Western Australia, the Northern Territory and Queensland don’t participate in the clock change, arguably the latter state is closer than ever to making the change.

Just before the change this year, a survey out of the University of Queensland showed that 60% of Queenslanders want it – although there is a sharp divide between Brisbane and the state’s tropics, with 70% of Brisbane people in favour and just 46% in the tropics.

And with tens of thousands of Sydneysiders and Melburnians having relocated north since COVID-19, they just might start to miss the later sunsets come the summer.

…and a sunrise at 4.30am.

To the markets and the ASX had a solid start to the week even with three states on holidays. All sectors were in the green except healthcare with the best being financials and travel stocks.

But in the past hour, the Evergrande saga took another twist. The company is now suspended for trading in Hong Kong. The Nikkei and Hang Seng both dropped as they opened this morning.

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for October 4 [intraday]:

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Code	Name	Price	% Change	Volume
JGH	Jade Gas Holdings	0.081	995	26215656
ITG	Intega Group Limited	0.875	54	11310661
MLS	Metals Australia	0.0015	50	3548373
OVT	Ovato Limited	0.003	50	850000
AKN	Auking Mining Ltd	0.29	38	22699228
CCE	Carnegie Cln Energy	0.0025	25	28551173
TIG	Tigers Realm Coal	0.022	22	9040529
IQ3	Iq3Corp Limited	0.14	22	11489
CAV	Carnavale Resources	0.007	17	80378
BTR	Brightstar Resources	0.038	15	2836191
AIB	Aurora Glb Trust	0.115	15	64
GES	Genesis Resources	0.016	14	96000
GTG	Genetic Technologies	0.008	14	15306594
AGD	Austral Gold	0.12	14	450000
CXM	Centrex Metals	0.048	14	63669
LPD	Lepidico Ltd	0.024	14	22162614
IPT	Impact Minerals	0.017	13	593262
EXP	Experience Co Ltd	0.4	13	629223
HHR	Hartshead Resources	0.026	13	9618420
UCW	UCW Ltd	0.13	13	47912
GSN	Great Southern	0.061	13	478318

Topping the bourse today was High Grade Metals which has recapitalised as Jade Gas (ASX:JGH) and refocused to gas exploration in Mongolia.

WA base metals explorer Auking Mining (ASX:AKN) rocketed off the back of its first assay results from a drilling program at its Koongie Park project. Headline results included 124m at 1.03% copper, 1.08% zinc, 1.54% lead and 50g/t gold.

Intega Group (ASX:ITG) climbed after receiving a takeover offer from Dutch engineering certification company Kiwa.

And one of the first companies to release its quarterly cash flow and activities report, Genetic Technologies (ASX:GTG), climbed after announcing a material increase in cash receipts for the September quarter to $850,000 from $68,000 in the June quarter.

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks for October 1 [intraday]:

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Code	Name	Price	% Change	Volume
WOO	Wooboard Tech Ltd	0.0015	-25	602488
XTE	Xtek Limited	0.28	-23	793163
ALT	Analytica Limited	0.002	-20	2050
FYI	FYI Resources Ltd	0.45	-15	7962511
FG1	Flynngold	0.15	-14	135104
HCD	Hydrocarbon Dynamic	0.019	-14	768774
AQC	Auspaccoal Ltd	0.13	-13	2500
NVX	Novonix Limited	5.68	-13	3978831
GGX	Gas2Grid Limited	0.0035	-13	2208409
TDO	3D Oil Limited	0.05	-12	807900
RGL	Riversgold	0.024	-11	1122647
MSI	Multistack Internat.	0.04	-11	295341
AEV	Avenira Limited	0.008	-11	650000
KNB	Koonenberrygold	0.135	-10	90893
LNY	Laneway Res Ltd	0.0045	-10	1000000
JPR	Jupiter Energy	0.046	-10	737916
TMK	Tamaska Oil Gas Ltd	0.01	-9	20458084
HHI	Health House Int Ltd	0.1	-9	21082
AXE	Archer Materials	1.58	-9	1383732
HNR	Hannans Ltd	0.031	-9	32132226
CTE	Cryosite Limited	0.37	-9	23305
DEM	De.Mem Ltd	0.275	-8	1600