More small cap news below, but we’re kicking things off today with some faulty toys sold via US$400bn retailer Walmart.

Specifically, reports of a glitch in the Dancing Cactus — an educational toy for kids that sings songs in English, Spanish and Polish.

Everything looked OK until an Ontario-based gran, Ania Tanner – who speaks Polish – bought the toy for her granddaughter.

The English-language songs were sweet, but the Polish ditty was actually programmed to a track from Polish rapper Cypis.

We couldn’t do much better than Tanner’s view, per Canada news outlet CTV News.

“It’s about taking five grams of cocaine and being alone…It’s a very depressing song.”

Touche. Cypis is also allegedly pissed that his track was used by the Chinese manufacturers without his consent.

Either way, Walmart has removed the toy from its third-party marketplace pending a further investigation.

On markets, the ASX 200 is again trading flat — part of a trend this week where the broader index has struggled for direction.

And there may not be many other catalysts heading into the end of the week, with US markets closed tonight for the Thanksgiving holiday.

After some heavy selling this week, ASX 200 tech stocks bounced back this morning as the IT index rose by more than 1.5%.

Banking and energy stocks lost ground, while large cap gold plays clawed back some ground. Gold prices edged lower at the start of the week amid a broad round of strength in the US dollar following the renomination of Fed chair Jerome Powell.

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for November 25 [intraday]:

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

Code Name Price % Change Market Cap
BIT Biotron Limited 0.091 78.4% $35,798,568
OVT Ovato Limited 0.003 50.0% $24,425,625
PKD Parkd Ltd 0.065 44.4% $4,509,006
WCN White Cliff Min Ltd 0.0165 37.5% $6,206,357
ATC Altech Chem Ltd 0.1375 25.0% $141,758,887
EGR Ecograf Limited 0.8 25.0% $288,213,414
EML EML Payments Ltd 3.375 22.7% $1,026,924,866
CGB Cann Global Limited 0.0035 16.7% $19,006,460
GLA Gladiator Resources 0.031 14.8% $12,586,587
CAV Carnavale Resources 0.008 14.3% $17,011,612
RNX Renegade Exploration 0.008 14.3% $6,157,386
IDZ Indoor Skydive Aust 0.068 13.3% $20,202,006
MMI Metro Mining Ltd 0.0215 13.2% $56,786,624
CM8 Crowd Media Limited 0.035 12.9% $19,227,167
SIH Sihayo Gold Limited 0.009 12.5% $29,483,691
AUQ Alara Resources Ltd 0.029 11.5% $18,341,160
ASQ Australian Silica 0.195 11.4% $46,898,900
CLE Cyclone Metals 0.005 11.1% $22,009,066
CTO Citigold Corp Ltd 0.01 11.1% $25,502,932
LSR Lodestar Minerals 0.01 11.1% $12,518,436
CBL Control Bionics 0.455 11.0% $20,635,671
WWI West Wits Mining Ltd 0.038 11.0% $53,910,265
NWM Norwest Minerals 0.084 11.0% $13,726,153
Wordpress Table Plugin

Healthcare stock Biotron (ASX:BIT) went bang, after research in the US showed its lead drug candidate — BIT225 — showed strong results in reducing inflammation from COVID-19 in in-vitro testing on mice.

Another big winner at the opening bell was construction technology company Parkd (ASX:PKD), which signed a Heads of Agreement to roll out its modular carpark construction platform in connection with a four-level carpark and commercial development in Kewdale, WA.

Also rising strongly was EML Payments (ASX:EML), which jumped more than 20% after providing an update on its regulatory issues with the Central Bank of Ireland.

EML said the CBI will now permit it to, whilst staying within the material growth restrictions, sign new customers and add programs through its subsidiary PFS Card Services (Ireland) Limited (PCSIL).

“The CBI is satisfied to continue to engage with PCSIL with a view to agreeing appropriate limits under its Risk Management and Controls Framework,” EML said.

In resources, percentage gains were led by $6.2m nanocap White Cliff Minerals (ASX:WCN) which jumped after announcing binding commitments to raise $912,000 (before costs) through a placement at an issue price of 1.2c per share.

The money will be used to fund exploration activities at recently acquired and “highly prospective” lithium and rare earth element (REE) projects, “ongoing exploration at the Company’s 100%-owned Reedy South Gold Project and for general working capital”, WCN said.

Get the full resources wrap here.

ASX SMALL CAP LOSERS

Here are the best performing ASX small cap stocks for November 25 [intraday]:

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

Code Name Price % Change Market Cap
OAK Oakridge 0.001 -33.3% $5,158,939
ANL Amani Gold Ltd 0.0015 -25.0% $36,851,128
BAS Bass Oil Ltd 0.0015 -25.0% $9,225,363
RAD Radiopharm 0.455 -24.2% $70,000,190
AIB Aurora Glb Trust 0.115 -23.3% $1,031,300
CCE Carnegie Cln Energy 0.002 -20.0% $37,256,434
NTL New Talisman Gold 0.002 -20.0% $8,018,063
TYX Tyranna Res Ltd 0.006 -14.3% $8,976,525
MRZ Mont Royal Resources 0.345 -13.8% $15,150,686
HCD Hydrocarbon Dynamic 0.019 -13.6% $9,686,382
MM8 Medallion Metals. 0.195 -13.3% $18,218,269
KOR Korab Resources 0.0705 -13.0% $29,731,050
CPT Cipherpoint Limited 0.034 -12.8% $13,294,029
AOA Ausmon Resorces 0.007 -12.5% $5,685,275
MRD Mount Ridley Mines 0.007 -12.5% $45,132,274
4DS 4DS Memory Limited 0.052 -12.0% $78,002,416
STM Sunstone Metals Ltd 0.097 -12.0% $246,061,308
BYE Byron Energy Ltd 0.115 -12.0% $135,238,363
ACU Acumentis Group Ltd 0.16 -11.0% $31,282,649
BDG Black Dragon Gold 0.057 -11.0% $8,713,741
CR1 Constellation Res 0.21 -11.0% $11,727,775
Wordpress Table Plugin

IPO company Radiopharm Theranostics (ASX:RAD) fell on debut.

The radiopharmaceutical company, backed by biotech heavyweight Paul Hopper, raised $50m from investors at 60c per share and opened around 20% lower.

Semiconductor company 4DS Memory (ASX:4DS) also dipped after announcing a $2.5m placement priced at 4.8c per share.

Featured Companies

You might be interested in