Ever wished you were as rich as Warren Buffett?
Or perhaps more accurately; sometimes feel like you’re just a hamster running on a wheel?
Some enterprising crypto investors have made that idea work for them, with a unique hamster-based investment strategy.
According to reports, the hamster — Mr Goxx — dutifully runs on his wheel and in doing so, also selects from a range of different cryptocurrencies.
The wheel is uniquely designed for Mr Goxx to choose one of two tunnels, which indicate buy or sell.
And apparently his portfolio is up by around 20% since June, outpacing the S&P500 and Warren Buffett’s Berkshire Hathaway.
So if your fundamental analysis of ASX small caps isn’t bringing returns, there are options…
Elsewhere, the idyllic, resource-rich locale of Perth, Western Australia, has been run over by some rampant demons following Melbourne’s AFL Grand Final victory on Saturday night.
208cm ruckman Max Gawn stayed in game-shape following the financial siren, taking hangers while still dressed in his match guernsey:
On markets, ASX futures markets suggested the local index was going to edge higher (maybe) before the opening bell, but local stocks have beaten expectations as upbeat sentiment permeates through Monday trade.
Just after 12pm EST the ASX 200 was on track for a gain of around 1%, with steady demand across all the major sectors.
Energy stocks kept the ball rolling after last week’s big rally, and the ASX 200 Energy index has now climbed by an impressive 10.6% since last Monday’s selloff.
Brent crude oil is trading at three-year highs above US$78 a barrel, as consensus around a global energy supply crunch continues to build.
Along with the ASX, positive sentiment extended across Asian markets with steady gains across the other major indexes including the Hang Seng (home of Evergrande) which rose by more than 1%.
ASX SMALL CAP WINNERS
Here are the best performing ASX small cap stocks for Monday September 27 [intraday]:
Stocks highlighted in yellow made market-moving announcements.
Code Name Price % Change Volume Market Cap NTL New Talisman Gold 0.002 100.0% 1,184,051 $2,792,225 ANL Amani Gold Ltd 0.0015 50.0% 3,911,521 $14,205,197 RRR Revolverresources 0.43 38.7% 2,941,576 $25,380,460 RBX Resource B 0.28 36.6% 5,717,568 $6,959,255 DDD 3D Resources Limited 0.004 33.3% 125,305 $11,641,116 OAK Oakridge 0.002 33.3% 1,080,116 $5,158,939 ARR American Rare Earths 0.22 22.2% 4,175,115 $62,065,499 ARU Arafura Resource Ltd 0.235 20.5% 21,478,573 $302,239,730 AO1 Assetowl Limited 0.006 20.0% 155,000 $4,081,026 RBR RBR Group Ltd 0.006 20.0% 1,030,125 $6,409,900 AJL AJ Lucas Group 0.038 18.8% 966,220 $38,281,172 POW Protean Energy Ltd 0.013 18.2% 1,476,795 $7,156,743 IMC Immuron Limited 0.165 17.9% 937,744 $31,814,523 IXC Invex Therapeutics 0.8 17.6% 237,582 $51,104,617 LEL Lithenergy 0.695 16.8% 3,327,351 $26,775,000 GGX Gas2Grid Limited 0.0035 16.7% 2,054,000 $12,138,306 PEB Pacific Edge 1.52 16.0% 139,756 $955,265,080 POL Polymetals Resources 0.145 16.0% 31,562 $4,852,907 TBA Tombola Gold Ltd 0.044 15.8% 1,546,928 $24,103,240 OZM Ozaurum Resources 0.15 15.4% 292,127 $7,438,080 HWK Hawkstone Mng Ltd 0.046 15.0% 22,265,624 $68,793,777 BMR Ballymore Resources 0.25 14.0% 20,000 $15,725,178 AVL Aust Vanadium Ltd 0.025 14.0% 5,913,983 $72,178,161
Recent ASX debutante Resource Base (ASX:RBX) is getting into the rare earths game, where a number of other ASX juniors are running hot.
The company announced that its snapped up 1,380sqkm of ground in the Murray Basin, which is prospective for ionic clay hosted Rare Earth Elements (REE).
Elsewhere among stocks with news, biopharmaceutical company Invex Therapeutics (ASX:IXC) jumped by around 20% after announcing a long-term Collaboration and Manufacturing Agreement with Peptron Inc — a company listed on the Korean Stock Exchange.
The deal will see Peptron use Presendin — IXC’s treatment for neurological conditions relating to raised intracranial pressure — in clinical trials and for commercial use, once Presendin is approved.
The agreement is “exclusive, applies globally and provides a defined price per dose for the supply of Presendin for clinical studies, and for the first ten years following the first commercial sale,” IXC said.
Get the wrap of the rest of today’s resources winners here.
ASX SMALL CAP LOSERS
Here are the best performing ASX small cap stocks for Monday September 27 [intraday]:
Stocks highlighted in yellow made market-moving announcements.
| Code | Name | Price | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| AJY | Asaplus Resources | 0.04 | -33.3% | 20,000 | $8,160,000 |
| ACB | A-Cap Energy Ltd | 0.085 | -26.1% | 2,448,518 | $100,266,760 |
| NPM | Newpeak Metals | 0.0015 | -25.0% | 992,527 | $13,654,870 |
| BDC | Bardoc Gold Ltd | 0.045 | -21.1% | 28,783,076 | $98,909,670 |
| EN1 | Engage:Bdr Limited | 0.004 | -20.0% | 1,999,249 | $12,764,763 |
| YPB | YPB Group Ltd | 0.002 | -20.0% | 100,000 | $12,479,551 |
| AEE | Aura Energy | 0.21 | -17.6% | 2,317,954 | $101,784,941 |
| SCN | Scorpion Minerals | 0.052 | -14.8% | 108,000 | $15,800,903 |
| CUL | Cullen Resources | 0.018 | -14.3% | 1,368,921 | $7,852,271 |
| EVE | EVE Investments Ltd | 0.0035 | -12.5% | 2,082,615 | $15,372,568 |
| TOE | Toro Energy Limited | 0.029 | -12.1% | 37,032,041 | $128,612,292 |
| OZZ | OZZ Resources | 0.19 | -11.6% | 212,469 | $5,795,674 |
| WFL | Wellfully Limited | 0.155 | -11.4% | 915,577 | $36,718,582 |
| VMY | Vimy Resources Ltd | 0.1775 | -11.3% | 4,532,779 | $210,299,732 |
| EL8 | Elevate Uranium Ltd | 0.56 | -11.1% | 777,573 | $143,780,897 |
| RD1 | Registry Direct | 0.033 | -10.8% | 184,545 | $13,037,813 |
| AGE | Alligator Energy | 0.068 | -10.5% | 42,201,863 | $212,357,592 |
| LME | Limeade Inc. | 0.71 | -10.1% | 17,193 | $197,294,227 |
| AGR | Aguia Res Ltd | 0.046 | -9.8% | 98,089 | $17,031,064 |
| PEN | Peninsula Energy Ltd | 0.23 | -10.0% | 6,774,820 | $253,984,637 |
| BBX | BBX Minerals Ltd | 0.19 | -10.0% | 365,091 | $96,184,510 |
| AMO | Ambertech Limited | 0.29 | -9.0% | 208,389 | $24,622,932 |
| COD | Coda Minerals Ltd | 0.79 | -9.0% | 69,456 | $79,566,922 |