The ASX had a positive finish to the week although it is in negative territory for the week.

The ASX 200 closed at 7,443 points which is up 0.83% from yesterday but slightly down from the 7,457 mark it closed at last Friday.

Today, the only sector in the red was healthcare while the best sector was resources which rose by 2.28% followed by tech which gained 1.82%.

 

TODAY’S BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code Name Price % Change Volume
PCL Pancontinental Energ 0.0015 50 5022500
BD1 Bard1 Life Sciences 1.4 41 3033055
VR1 Vection Technologies 0.215 34 23233525
SKN Skin Elements Ltd 0.063 34 1617946
ECT Env Clean Tech Ltd. 0.049 32 54349366
BDG Black Dragon Gold 0.075 25 563526
CCE Carnegie Cln Energy 0.0025 25 4478465
BRN Brainchip Ltd 0.605 23 33961313
LMG Latrobe Magnesium 0.16 23 70333475
GRV Greenvale Mining Ltd 0.315 21 1345473
AUA Audeara 0.145 21 290611
ITM Itech Minerals Ltd 0.29 21 3353661
ENX Enegex Limited 0.093 21 972196
DNK Danakali Limited 0.51 20 989655
REM Remsensetechnologies 0.45 20 594459
YPB YPB Group Ltd 0.003 20 18820000
CXL Calix Limited 7.34 20 1229051
DEV Devex Resources Ltd 0.46 19 3888280
RNE Renu Energy Ltd 0.125 19 6287049
CMD Cassius Mining Ltd 0.019 19 1274395
RMX Red Mount Min Ltd 0.013 18 30651055
BNR Bulletin Res Ltd 0.085 18 2347876
HMD Heramed Limited 0.265 17 1558733

iTech Minerals (ASX:ITM) rose after telling shareholders a resampling of historical drilling at its Ethiopia project confirmed rare earth potential.

Black Dragon Gold Corp (ASX:BDG) rose after an update on its efforts to win the approval of authorities in the Spanish Principality of Asturias after submitting its Environmental Impact Assessment (EIA) in July.

And Bard1 Life Sciences (ASX:BD1) obtained a new US patent.

 

TODAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code Name Price % Change Volume
MLS Metals Australia 0.002 -33 43001641
GGG Greenland Minerals 0.088 -30 54540922
OEX Oilex Ltd 0.003 -25 1
MHK Metalhawk. 0.33 -23 2419878
OVT Ovato Limited 0.0025 -17 11
NC6 Nanollose Limited 0.105 -16 1895041
SCT Scout Security Ltd 0.05 -15 1465364
IVT Inventis Limited 0.12 -14 58305
SIT Site Group Int Ltd 0.006 -14 1756000
PAK Pacific American Hld 0.02 -13 6820487
GNM Great Northern 0.007 -13 3065005
ROG Red Sky Energy. 0.007 -13 4906189
BXN Bioxyne Ltd 0.021 -13 161095
TOU Tlou Energy Ltd 0.064 -12 2901313
SER Strategic Energy 0.037 -12 2123818
XTE Xtek Limited 0.26 -12 520832
CRS Caprice Resources 0.19 -12 175684
LCD Latitude Consolidate 0.054 -11 2867354
AR9 Archtis Limited 0.235 -11 2224749
EVE EVE Investments Ltd 0.004 -11 2831167
MCT Metalicity Limited 0.008 -11 4010510

Greenland Minerals (ASX:GGG) fell after the latest legislative developments in Greenland. The local parliament passed new legislation banning mining of mineral resources with uranium content of 100 parts per million or greater in the total resource.

 

ANNOUNCEMENTS YOU MAY’VE MISSED

Infratil Energy (ASX:IFT) announced a net parent surplus from continuing operations of $1.086 billion for the six months fo September 30. This was the largest net surplus in the company’s 27 year history although it was inflated by the sale of Tilt Renewables (ASX:TLT).

Speaking of M&A deals the $10.2 billion AusNet (ASX:AST) buyout passed one of the biggest hurdles – namely approval by the Foreign Investment Review Board (FIRB). The deal is still subject to a shareholder vote.

The Sustainable Nutrition Group (ASX:TSN) announced it was getting into the plant-based ingredients market. It announced a partnership with Australian Plant Proteins to develop a hemp concentrate, in a deal expected to be commercialised in the fourth quarter of FY22.

AusCann (ASX:AC8) announced plans for a cannabinoid trial in people with spinal cord injuries. The company says it expects the design phase to be complete in early 2022 and that the addressable market was US$6 billion.

Engineering and construction contractor Duratec (ASX:DUR) won a $50 million contract to help establish aircraft fuel infrastructure at the new Western Sydney Airport. Procurement will start immediately and works on site will start in 2022.

 

TRADING HALTS

Monday

Alicanto Minerals (ASX:AQI) – capital raising
Nexus Minerals (ASX:NXM) – capital raising
RooLife Group (ASX:RLG) – capital raising
Tanga Resources (ASX:TRL) – capital raising

Tuesday

Mont Royal Resources (ASX:MRZ) – capital raising
Murray Cod Australia (ASX:MCA) – capital raising
Eastern Iron (ASX:EFE) – strategic partnership
Dreadnought Resources (ASX:DRE) – exploration results
Invion (ASX:IVX) – capital raising