As Australia continues its curve-flattening efforts, the federal government’s COVIDsafe tracking app officially went live last night.
The app uses Bluetooth technology to track and notify people who have come into contact with a person that’s contracted COVID-19.
The goal is to notify people who may be at risk of passing the virus on without knowing, but the launch of the app also came with privacy concerns about government overreach.
However, more than 1 million Aussies have already downloaded the app — a success rate health minister Greg Hunt said the government was initially hoping to achieve by the end of the week.
On markets, the ASX got off to a flat start before finding some momentum into midday trade.
Sentiment was more bullish on the ASX Small Ords index, which climbed by almost 2 per cent while the ASX200 was up around 0.5 per cent.
WINNERS
Here are the best performing ASX small cap stocks at 12pm Monday April 27:
Swipe or scroll to reveal the full table. Click headings to sort.
| CODE | COMPANY | PRICE | % CHANGE | MARKET CAP |
|---|---|---|---|---|
| CZN | Corizon | 0.016 | 100.00% | $7.2M |
| KGM | Kalnorth Gold Mines | 0.006 | 100.00% | $2.7M |
| ICG | Inca Minerals Ltd | 0.002 | 100.00% | $4.1M |
| FGO | Flamingo | 0.002 | 100.00% | $1.1M |
| ADJ | Adslot | 0.024 | 84.62% | $23.6M |
| XCD | Xcd Energy | 0.008 | 60.00% | $3.5M |
| TYX | Tyranna Resources | 0.003 | 50.00% | $2.1M |
| PM8 | Pensana Metals | 0.19 | 46.15% | $20.9M |
| MSB | Mesoblast | 3.85 | 41.03% | $1.5B |
| MPW | MSL Solutions | 0.03 | 36.36% | $7.1M |
| ACB | A-Cap Energy | 0.019 | 35.71% | $12.2M |
| AVE | Avecho Bio | 0.008 | 33.33% | $9.5M |
| BIQ | BuildingIQ Inc | 0.004 | 33.33% | $1.1M |
| AX1 | Accent Group | 1.16 | 28.89% | $620.8M |
| PAK | Pacific American Coal Ltd | 0.013 | 30.00% | $1.8M |
| LI3 | Lithium Consolidated Mineral | 0.029 | 26.09% | $3.4M |
| ELT | Elementos Ltd | 0.003 | 25.00% | $5.1M |
| TGH | Terragen | 0.15 | 25.00% | $22.4M |
| CTO | Citigold Corporation | 0.005 | 25.00% | $9.7M |
| FMS | Flinders Mines | 0.033 | 22.22% | $94.1M |
Media company Adslot (ASX:ADJ) held its gains in morning trade, after announcing a new partnership deal for the European market.
The agreement will see Adslot integrate its platform with Swedish company Kalin Setterberg Data SV, to provide “cross-media financial management for 50 media agencies in seven markets across Europe”.
News of the deal sent the company’s share price almost 100 per cent higher to 2.4c. The stock is up from March lows of 0.7c but still off from pre-crisis highs of 3.5c.
LOSERS
Here are the worst performing ASX small cap stocks at 12pm Monday April 27:
Swipe or scroll to reveal the full table. Click headings to sort.
| CODE | COMPANY | PRICE | % CHANGE | MARKET CAP |
|---|---|---|---|---|
| RML | Resolution Minerals Ltd | 0.055 | -59.26% | $11.4M |
| IGN | Ignite | 0.022 | -46.34% | $2.0M |
| VAL | Valor Resources | 0.001 | -33.33% | $1.9M |
| UUV | UUV Aquabotix | 0.002 | -25.00% | $1.5M |
| OLI | Olivers Real Food | 0.037 | -24.49% | $13.3M |
| KAI | Kairos Minerals | 0.01 | -16.67% | $12.2M |
| MRR | Minrex Resources | 0.01 | -16.67% | $2.4M |
| SW1 | Swift Networks | 0.015 | -16.67% | $4.4M |
| HSC | Homestay Care | 0.005 | -16.67% | $10.1M |
| ATH | Alterity Therapeutics | 0.017 | -15.00% | $18.0M |
| APV | AppsVillage Australia | 0.135 | -12.90% | $11.9M |
| LPD | Lepidico | 0.007 | -12.50% | $37.1M |
| NC6 | Nanollose | 0.024 | -11.11% | $2.0M |
| MBK | Metal Bank Ltd | 0.008 | -11.11% | $8.0M |
| ADD | Adavale Resources Ltd | 0.017 | -10.53% | $3.3M |
| CLA | Celsius Resources | 0.009 | -10.00% | $7.6M |
| C6C | Copper Mountain Mining | 0.435 | -9.38% | $91.8M |
| BOT | Botanix Pharma | 0.05 | -9.09% | $53.5M |
Recruitment company Ignite Ltd (ASX:IGN) came back to start the week, after ripping higher by more than 300 per cent last Friday on no news.
Gold explorer Resolution Minerals (ASX:RML) also fell back from recent highs, after providing an update on green fields drilling results at the company’s 64North project in Alaska.