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ASX Small Cap Lunch Wrap: Who’s mixing with the wrong crowd today?

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Police in Tasmania have put a request out to neighbourhood crime stoppers, in order to ascertain the identity of an alleged liquor thief.

The request included photographs of said (alleged) thief, who (allegedly) pocketed a bottle of 12-year old Yamazaki whiskey along with what looks like four litres of… Coke?

While we know stealing is a crime, one punter on Facebook Meta was more concerned with the more obvious indiscretion:

Combining quality Japanese single malt with carbonised sugar water is considered blasphemous in some circles (and those circles include half the Stockhead editorial team).

Mitchell Abel — we see you.

On markets, a barnstorming two-day rally on the Nasdaq has rolled into another quality session for ASX tech stocks, which had a torrid month in January.

The ASX-traded shares of Afterpay’s new owner Block Inc (ASX:SQ2) ripped higher for a second straight day, while all the major indexes were higher.

Reflecting the improved risk appetite, the microcap Emerging Companies index again outperformed the big end of town with a +1.5% rally in morning trade, compared to ~0.3% for the ASX 200.

On currency markets, the Australian dollar is trading slightly above US70c ahead of the marquee events on markets this afternoon — the RBA’s monthly policy meeting.

The key point in the meeting will be whether the RBA indicates it will shift its timeline for the next rate hike to 2022 — ahead of its previous forecasts.

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for February 1 [intraday]:

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

Code Company Price % Market Cap
OEX Oilex Ltd 0.0045 50.0% $21,338,855
ANW Aus Tin Mining 0.0015 50.0% $12,716,787
WOO Wooboard Tech Ltd 0.002 33.3% $5,733,244
AUH Austchina Holdings 0.014 27.3% $19,772,768
CGB Cann Global Limited 0.0025 25.0% $12,670,974
YPB YPB Group Ltd 0.0025 25.0% $12,235,667
BLZ Blaze Minerals Ltd 0.036 20.0% $10,725,003
GGX Gas2Grid Limited 0.003 20.0% $10,145,255
VPR Volt Power Group 0.003 20.0% $23,361,334
AKO Akora Resources 0.355 18.3% $15,703,037
IDT IDT Australia Ltd 0.275 17.0% $56,367,140
HCD Hydrocarbon Dynamic 0.014 16.7% $5,283,481
TYX Tyranna Res Ltd 0.007 16.7% $7,694,164
FTC Fintech Chain Ltd 0.052 15.6% $29,284,631
MTM Mtmongerresources 0.15 15.4% $3,680,304
ART Airtasker Limited 0.83 15.3% $299,670,043
FAL Falconmetalsltd 0.495 15.1% $76,110,000
AKP Audio Pixels Ltd 22.78 14.4% $571,390,380
RNU Renascor Res Ltd 0.24 14.3% $397,712,907
WIN Widgienickellimited 0.33 13.8% $72,500,000
PYR Payright Limited 0.21 13.5% $12,927,964
GRE Greentechmetals 0.34 13.3% $8,272,500
TSN The Sust Nutri Grp 0.17 13.3% $18,090,958
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Among stocks with news, winners were fairly light-on this morning although energy equipment company Volt Power (ASX:VPR) rose strongly following its quarterly trading update.

The company, which has a December 31 financial year, said it booked record annual ordinary revenue of $3.2m and recorded net operating cash inflows of more than $800,000, on receipts of +$1.2m.

Also finding demand was BNPL player Payright (ASX:PYR), following a trading udpate where it flagged Record Gross Merchandise Value (GMV) of $34.4m (up 25% from the previous quarter) and unaudited fee income of $3.9m.

While bouncing off its recent lows to 21c, PYR hasn’t escaped the broader BNPL selloff which has seen the stock decline from its February 2021 highs above $1.

ASX SMALL CAP LOSERS

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

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

Code Company Price % Market Cap
BTR Brightstar Resources 0.032 -37.3% $27,889,904
NPM Newpeak Metals 0.001 -33.3% $11,474,625
ANL Amani Gold Ltd 0.0015 -25.0% $45,751,128
BUD Buddy Tech 0.01 -16.7% $41,613,519
LNY Laneway Res Ltd 0.005 -16.7% $26,934,396
DLT Delta Drone Intl Ltd 0.021 -16.0% $7,497,158
E33 East 33 Limited. 0.145 -14.7% $45,723,457
ARE Argonaut Resources 0.003 -14.3% $12,621,717
ATU Atrum Coal Ltd 0.024 -14.3% $19,256,673
XST Xstate Resources 0.003 -14.3% $11,253,136
BXN Bioxyne Ltd 0.02 -13.0% $14,723,344
ALO Alloggio Group 0.14 -12.5% $16,774,400
FLN Freelancer Ltd 0.56 -12.5% $288,580,549
HNR Hannans Ltd 0.05 -12.3% $148,557,474
EIQ Echoiq Ltd 0.12 -11.1% $53,234,916
KSC K & S Corporation 1.6 -11.1% $235,949,980
NZS New Zealand Coastal 0.008 -11.1% $7,443,045
SOP Synertec Corporation 0.064 -11.1% $25,729,960
PGY Pilot Energy Ltd 0.043 -10.4% $24,210,735
CLG Close Loop 0.27 -10.0% $98,835,443
CLE Cyclone Metals 0.0045 -10.0% $24,765,629
MEB Medibio Limited 0.0045 -10.0% $10,305,256
SCL Schrole Group Ltd 0.009 -10.0% $17,394,132
TNR Torian Resources Ltd 0.029 -9.4% $35,493,620
XTE Xtek Limited 0.2 -9.1% $22,136,454
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