It’s a good day to be into things that keep the world running.

China is now paying twice as much as it needs to for hard coking coal, simply because it’s chucked a hissy and won’t buy Australian.

Fortsecue is heading for its third straight day of gains to open the new year, up to $25.69 as iron catches another 5 per cent rocket in 2021. Less than nine months ago FMG was trading as low as $8.58.

And last night, Saudi Arabia announced a surprise oil production cut of an extra 1 million barrels per day throughout February and March.

Oil prices climbed 5% and not surprisingly, pulled along a heap of related ASX plays. Three of the top five ASX200 winners were into Texas Tea.

That all made for a buoyant night on the major US indices, and Futures are pointing to much the same tonight.

Or maybe it’s all just general positivity over this huge new directive from Pizza Hut that any order over $10 gets you another stuffed crust pizza minus the pizza:

*Offer only available in Los Angeles and Dallas.

Meanwhile in Australia, health officials have learned a bloke with the corona who visited Chadstone Shopping Centre also dropped into the ‘G for a bit of Boxing Day cricket.

Assume brace positions.

Here’s what’s happened in ASX small caps so far:
 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Wednesday January 6:

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

Code Name Price % Change Volume Market Cap
LIO Lion Energy Limited 0.06 50.00 15,198,212 8,296,072
CLZ Classic Min Ltd 0.00 50.00 118,143,911 16,734,968
DTR Dateline Resources 0.00 50.00 7,574,260 16,420,156
PCL Pancontinental Oil 0.00 50.00 6,414,999 5,406,715
ELT Elementos Limited 0.01 37.50 159,756,085 25,970,611
BAS Bass Oil Ltd 0.00 33.33 1,529,000 5,013,210
MTB Mount Burgess Mining 0.01 33.33 4,646,623 3,960,893
OEX Oilex Ltd 0.00 33.33 156,000 6,243,195
KTE K2 Energy Ltd 0.05 31.43 15,574,758 10,523,000
TRU Truscreen 0.09 31.43 2,453,626 25,267,638
AGE Alligator Energy 0.01 30.00 40,476,683 23,539,930
BLY Boart Longyear 0.66 29.41 224,256 45,141,018
LITCF Lithium Australia NL 0.01 27.27 3,067,711 1,417,471
PDZ Prairie Mining Ltd 0.32 25.49 798,814 58,230,548
CZN Corazon Ltd 0.00 25.00 666,683 6,506,718
RMI Resource Mining Corp 0.01 25.00 111,000 2,370,139
CDT Castle Minerals 0.01 22.22 4,407,133 6,592,507
RNX Renegade Exploration 0.01 22.22 144,098,695 7,763,640
VKA Viking Mines Ltd 0.04 22.22 20,000,999 15,811,380
KRM Kingsrose Mining Ltd 0.05 21.05 12,004,292 27,740,279
SER Strategic Energy 0.05 20.51 508,801 6,240,008
EFE Eastern Iron 0.01 20.00 9,060,328 4,736,854
NAE New Age Exploration 0.02 19.23 21,051,556 15,431,395
RLC Reedy Lagoon Corp. 0.02 18.75 3,930,221 7,515,741
CHK Cohiba Min Ltd 0.03 18.52 21,181,351 36,852,778

 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Wednesday January 6:

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

Code Name Price % Change Volume Market Cap
ANL Amani Gold Ltd 0.001 -33.33 5,206,674 14,080,495
MLS Metals Australia 0.0015 -25.00 804,000 8,381,807
SBW Shekel Brainweigh 0.18 -14.29 90,300 29,190,000
MCM Mc Mining Ltd 0.16 -13.51 6,800 28,567,618
AUH Austchina Holdings 0.007 -12.50 476,999 13,072,995
FPL Fremont Petroleum 0.0035 -12.50 175,000 18,700,717
ABV Adv Braking Tech Ltd 0.031 -11.43 326,917 13,270,207
FGL Frugl Group Limited 0.039 -11.36 31,272 7,084,000
A1G African Gold Ltd. 0.24 -11.11 168,274 12,933,136
TZN Terramin Australia 0.04 -11.11 5,727 95,245,322
JCS Jcurve Solutions 0.025 -10.71 30,000 9,193,616
NCL Netccentric Ltd 0.07 -10.26 11,954 20,475,000
DRX Diatreme Resources 0.018 -10.00 5,224,613 51,459,133