It’s been a fairly mild Thursday on Asia-Pacific markets so far, with no major catalysts into midday trade.

The ASX200 is trading flat, while the Small Ords Index is down by around 0.6 per cent. US stock futures are also flat.

Overnight, US Fed chair Jerome Powell reiterated the message that rock-bottom rates are here to stay for a while, with the US economy still a long way from full employment.

Powell also maintains the view of central bankers globally that inflation will remain subdued as the economy recovers.

While broader markets are relatively sanguine, there was still the usual round of thrills and spills among ASX small caps as a number of stocks jumped (and fell) on market-moving announcements.
 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Thursday February 11:

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

CODE NAME PRICE % CHANGE VOLUME MARKET CAP
TMH The Market Herald 0.72 71 95,101 $ 79,702,702
BD1 Bard1 Life Sciences 1.24 66 7,301,661 $ 59,464,240
OEX Oilex Ltd 0.002 33 446,441 $ 6,243,195
PCL Pancontinental Oil 0.002 33 1,000,000 $ 8,110,073
EN1 Engage:Bdr Limited 0.0065 30 28,047,667 $ 11,853,723
RNT Rent.Com.Au Limited 0.325 25 13,242,734 $ 103,390,099
GGX Gas2Grid Limited 0.01 25 17,984,001 $ 10,687,976
MLS Metals Australia 0.0025 25 1,675,499 $ 8,381,807
SGI Stealth Global 0.105 24 1,005,842 $ 8,474,500
GLL Galilee Energy Ltd 0.74 21 1,781,800 $ 180,108,939
JXT Jaxstaltd 0.094 21 1,191,201 $ 19,280,846
RNU Renascor Res Ltd 0.047 21 104,644,608 $ 64,962,684
AQC Auspaccoal Ltd 0.155 19 15,524 $ 6,563,025
CM8 Crowd Media Limited 0.04 18 7,145,118 $ 19,566,173
MNB Minbos Resources Ltd 0.088 17 7,190,144 $ 27,724,342
CXZ Connexion Telematics 0.021 17 22,717,689 $ 15,842,972
LCT Living Cell Tech. 0.021 17 1,883,148 $ 10,285,938
ADX ADX Energy Ltd 0.007 17 1,087,886 $ 14,749,805
N1H N1 Holdings Ltd 0.099 16 13,775 $ 6,932,224
A3D Aurora Labs Limited 0.18 16 4,367,955 $ 23,698,953
SLZ Sultan Resources Ltd 0.22 16 1,537,866 $ 13,211,534
FRX Flexiroam Limited 0.067 16 32,870,065 $ 29,037,528

 

There was some exciting biotech news as BARD1 Life Sciences (ASX:BD1) flagged a promising study for the ability of its SubB2M technology in the detection of ovarian cancer.

BD1 said a research collaboration between Griffith University and the University of Adelaide engineered “exquisite specificity” for SubB2M to bind to a sugar molecule called Neu5Gcm which is present on a range of cancers.

Preliminary results show SubB2M has “proven its ability to detect Neu5Gc in the bloodstream of cancer patients”, BD1 said, underpinning the company’s decision to licence the technology.

Industrial distribution company Stealth Global (ASX:SGI) was also on the winner’s list, as investors responded to a turnaround story in the company’s half-year trading update.

SGI said it booked sales of $30.4 million in the December half, which was down slightly on the prior year period but seven per cent higher than the June half, as the company dialled back its Africa operations to focus on more profitable distribution channels.

There were also another round of strong gains in resources. Reuben Adams has the wrap here.
 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Thursday February 11:

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

CODE NAME PRICE % CHANGE VOLUME MARKET CAP
CLZ Classic Min Ltd 0.001 -33 3,231,458 $ 25,552,452
VTG Vita Group Ltd 0.83 -26 5,493,421 $ 185,238,905
TYX Tyranna Res Ltd 0.008 -24 27,843,574 $ 13,464,787
CCE Carnegie Cln Energy 0.0025 -17 10,058,975 $ 36,175,050
KTE K2 Energy Ltd 0.059 -16 3,753,468 $ 21,046,001
EMD Emyria Limited 0.17 -15 2,512,166 $ 25,084,590
ALT Analytica Limited 0.003 -14 400,000 $ 12,318,643
NPM Newpeak Metals 0.003 -14 3,709,766 $ 16,773,648
TMK Tamaska Oil Gas Ltd 0.012 -14 1,783,946 $ 12,530,000
RGI Roto-Gro Intl Ltd 0.061 -14 8,858,635 $ 16,150,372
YOJ Yojee Limited 0.13 -13 721,807 $ 164,767,181
ERG Eneco Refresh Ltd 0.04 -13 40,000 $ 12,528,484
AUH Austchina Holdings 0.007 -12 48,337 $ 13,072,995
FPL Fremont Petroleum 0.0035 -12 426,250 $ 18,714,050
CGB Cann Global Limited 0.0105 -12 86,303,990 $ 61,671,063
BPH BPH Energy Ltd 0.13 -12 19,973,868 $ 85,898,268
SPQ Superior Resources 0.015 -12 8,414,510 $ 23,410,250
BAR Barra Resources 0.023 -12 2,727,574 $ 17,617,811
JAT Jatcorp Limited 0.024 -11 30,487,287 $ 33,077,034
EOF Ecofibre Limited 1.6 -11 405,096 $ 265,431,811
CAG Caperangeltd 0.225 -11 4,038 $ 23,964,346
HWH Houston We Have Ltd 0.058 -11 1,319,681 $ 17,014,251

 

Among stocks with announcements, Vita Group (ASX:VTG) led the falls after announcing that Telstra has decided to transition its retail store network to a full corporate ownership model.

That means VTG’s current dealer agreement won’t be renewed when it expires in 2025. CEO Maxine Horne said VTG has been preparing strategically for a range of outcomes, including an investment in a “very attractive category of skin health and wellness for some time, thus creating a new growth opportunity for the group”.