The ASX closed down again today in spite of resources and tech gaining over 1%.

The ASX 200 fell 0.24%, closing at 7,434 points.

Despite the gains in resources and tech most other sectors fell with financials, property and energy retreating 1%.

The retreat came despite Wall Street hitting a new record high and most other markets in Asia-Pacific notching up gains.

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 Company Price % Volume
RFT Rectifier Technolog 0.052 44 35746298
WOO Wooboard Tech Ltd 0.002 33 12001551
PH2 Pure Hydrogen Corp 0.73 33 27174830
BUR Burleyminerals 0.245 32 435656
IBX Imagion Biosys Ltd 0.1 30 41492331
CHN Chalice Mining Ltd 8.7 29 7171613
DCC Digitalx Limited 0.14 27 28076257
AYM Australia United Min 0.01 25 5040344
NCR Nucoal Resources Ltd 0.01 25 4536536
LMG Latrobe Magnesium 0.13 24 71818843
AFR African Energy Res 0.049 23 608865
LIO Lion Energy Limited 0.1 22 33150184
EME Energy Metals Ltd 0.39 22 90303
CCZ Castillo Copper Ltd 0.042 20 19371021
EN1 Engage:Bdr Limited 0.003 20 11744667
LCD Latitude Consolidate 0.059 18 6924439
MGU Magnum Mining & Exp 0.096 17 7061818
SPN Sparc Tech Ltd 1.66 17 882178
AOA Ausmon Resorces 0.007 17 13018613
NXM Nexus Minerals Ltd 0.535 16 4615634
HAV Havilah Resources 0.215 16 1122911
AVZ AVZ Minerals Ltd 0.525 15 33440115
ECT Env Clean Tech Ltd. 0.023 15 23727303

Pure Hydrogen (ASX:PH2) rose after signing a term sheet to build three waste to hydrogen plants.

Still with hydrogen Lion Energy (ASX:LIO) signed an MoU with BLK Auto for a collaboration to assess opportunities to grow Australia’s hydrogen transport and infrastructure capabilities.

Chalice Mining (ASX:CHN) unveiled its maiden resource at its Julimar project.

Gonneville’s maiden resource, 45% of it in the indicated category, came in at 330Mt of ore at 0.94g/t platinum, palladium and gold, 0.16% nickel, 0.1% copper and 0.016% cobalt (0.58% nickel equivalent or 1.6g/t palladium equivalent).

Chalice declared it the largest nickel sulphide discovery globally in 20 years, and the largest PGE discovery in Australian history.

Pharmaxis (ASX:PXS) rose after its Investigational New Drug application (IND) for a trial of its lead drug, PXS‐5505 was approved by the FDA.

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 Company Price % Volume
OAK Oakridge 0.001 -50 2475346
CAE Cannindah Resources 0.33 -42 14573875
NPM Newpeak Metals 0.001 -33 4000000
YPB YPB Group Ltd 0.002 -33 4895465
GAP Gale Pacific Limited 0.3 -29 3006968
CM8 Crowd Media Limited 0.026 -19 5637455
AKG Academies Aus Grp 0.235 -18 103733
TZL TZ Limited 0.145 -17 1364420
MAY Melbana Energy Ltd 0.021 -16 18603682
ATC Altech Chem Ltd 0.11 -15 6953576
CXX Cradle Resources Ltd 0.04 -15 91223
GGX Gas2Grid Limited 0.003 -14 969800
MTB Mount Burgess Mining 0.006 -14 80000
DME Dome Gold Mines Ltd 0.23 -13 19535
ACW Actinogen Medical 0.165 -13 11671315
CAU Cronos Australia 0.165 -13 388824
RTG RTG Mining Inc. 0.1 -13 397558
STN Saturn Metals 0.505 -13 292421
AVW Avira Resources Ltd 0.007 -13 16601543
CGB Cann Global Limited 0.0035 -13 9288845
GNM Great Northern 0.007 -13 3613500

After posting big gains last week in connection with news from its ‘Mt Cannindah’ copper-gold-silver project, Cannindah (ASX:CAE) plunged this morning after its latest exploration update.

Gale Pacific (ASX:GAP) fell after a trading update in which it reported it had been hit by cost inflation greater than it had previously anticipated.

 

ANNOUNCEMENTS YOU MAY HAVE MISSED

Kelly Partners (ASX:KPG) announced its latest acquisition in an unnamed accounting firm at Penrith. It will pay up to $4.4 million in cash and it will deliver between $3.23 million and $4.25 million to the group.

Avita Medical (ASX:AVH) released its results for the September quarter. Its revenue rose 39% to $7 million and it reported its soft tissue reconstruction trial was close to completion with 58 of 65 subjects enrolled.

PointsBet (ASX:PBH) told shareholders the New York State Gaming Commission recommended it be awarded a mobile sport wagering license. The company said the decision marked an exciting moment with New York State being one of the largest and most important markets in the United States.

Maggie Beer (ASX:MBH) announced sales growth of 84.1% for the September quarter compared to 12 months ago. The company also revealed ecommerce sales were now 44% of the group’s net sales compared to 2% 12 months ago.

Havilah Resources (ASX:HAV) revealed to shareholders plans to spin out its South Australia uranium assets into a separate company. The proposed IPO would raise at least $10 million but would also involve a free distribution of shares to eligible Havilah shareholders.

 

TRADING HALTS

Wednesday

Weebit Nano (ASX:WBT) – capital raising
European Lithium (ASX:EUR) – resource upgrade
Kingrose Mining (ASX:KRM) – acquisition
Lefroy Exploration (ASX:LEX) – capital raising
WestStar Industrial (ASX:WSI) – capital raising and contract award
Ragnar Metals (ASX:RAG) – exploration update and capital raising
Brightstar Resources (ASX:BTR) – drilling results

Thursday

Minotaur Exploration (ASX:MEP) – change of control transaction
Carawine Resources (ASX:CWX) – capital raising
Alice Queen (ASX:AQX) – scoping study
Westar Resources (ASX:WSR) – capital raising
Andromeda Metals (ASX:ADN) – corporate transaction and kaolin project
Bowen Coking Coal (ASX:BCB) – capital raising
Liontown Resources (ASX:LTR) – DFS study and downstream scoping study
Alto Metals (ASX:AME) –  capital raising
Global Energy Ventures (ASX:GEV) – capital raising
Peppermint Innovation (ASX:PIL) – capital raising
VRX Silica (ASX:VRX) – project update