The ASX started the week on a downward note with tech leading the laggards despite one of Australia’s major unicorns joining the bourse and gaining over 30%.
SiteMinder (ASX:SDR), a hotel commerce platform, listed on the ASX at $5.06 per share in an offer valuing the company at $1.36 billion. Upon debut it gained over 35%.
However the ASX 200 closed 0.06% lower at 7,452 points.
The best sector was energy which rose by nearly 2% but most other sectors were in the red and tech was the biggest laggard losing 1.72%.
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 |
|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.003 | 50 | 13460235 |
| PCL | Pancontinental Energ | 0.0015 | 50 | 1273525 |
| YPB | YPB Group Ltd | 0.003 | 50 | 6374153 |
| DME | Dome Gold Mines Ltd | 0.265 | 47 | 296140 |
| LMG | Latrobe Magnesium | 0.105 | 42 | 83585151 |
| SDR | Siteminder | 7.01 | 39 | 11963417 |
| RCR | Rincon | 0.2 | 38 | 1055521 |
| ALT | Analytica Limited | 0.002 | 33 | 3433433 |
| CGB | Cann Global Limited | 0.004 | 33 | 14991815 |
| MQR | Marquee Resource Ltd | 0.15 | 30 | 43204237 |
| RAN | Range International | 0.018 | 29 | 33868367 |
| EQN | Equinoxresources | 0.25 | 25 | 558682 |
| QEM | QEM Limited | 0.23 | 24 | 2698271 |
| HNG | HGL Limited | 0.36 | 24 | 61493 |
| LOM | Lucapa Diamond Ltd | 0.071 | 22 | 18305148 |
| TEM | Tempest Minerals | 0.034 | 21 | 34363631 |
| FRX | Flexiroam Limited | 0.052 | 21 | 9598200 |
| CDT | Castle Minerals | 0.031 | 19 | 78997449 |
| MNS | Magnis Energy Tech | 0.725 | 19 | 35745677 |
| KOR | Korab Resources | 0.053 | 18 | 36371635 |
| FNT | Frontier Resources | 0.027 | 17 | 30011903 |
| LPD | Lepidico Ltd | 0.048 | 17 | 93100612 |
| CUL | Cullen Resources | 0.021 | 17 | 1651981 |
Copper-gold explorer Rincon (ASX:RCR) rose after an exploration update in which it revealed drilling would begin in the next fortnight
Lucapa (ASX:LOM) rose after positive results from bulk sampling results.
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 |
|---|---|---|---|---|
| MLS | Metals Australia | 0.0015 | -25 | 23918346 |
| MRL | Mayur Resources Ltd | 0.195 | -24 | 141251 |
| S66 | Star Combo | 0.27 | -23 | 26669 |
| BXN | Bioxyne Ltd | 0.023 | -21 | 444189 |
| AYM | Australia United Min | 0.008 | -20 | 914621 |
| GLV | Global Oil & Gas | 0.025 | -19 | 21097679 |
| RDS | Redstone Resources | 0.014 | -18 | 10952290 |
| BPH | BPH Energy Ltd | 0.045 | -17 | 21478359 |
| AFR | African Energy Res | 0.04 | -17 | 909550 |
| SUH | Southern Hem Min | 0.04 | -17 | 648524 |
| RNO | Rhinomed Ltd | 0.245 | -16 | 688003 |
| PGO | Pacgold | 0.28 | -15 | 327462 |
| ICG | Inca Minerals Ltd | 0.12 | -14 | 379518 |
| AVZ | AVZ Minerals Ltd | 0.455 | -14 | 64713640 |
| BMM | Balkanminingandmin | 0.59 | -13 | 232337 |
| HCD | Hydrocarbon Dynamic | 0.02 | -13 | 1233374 |
| 4DS | 4Ds Memory Limited | 0.062 | -13 | 38737557 |
| CZR | CZR Resources Ltd | 0.007 | -13 | 3027528 |
| MEB | Medibio Limited | 0.007 | -13 | 3218810 |
| ATV | Activeportgroupltd | 0.14 | -13 | 454478 |
| IKW | Ikwezi Mining Ltd | 0.7 | -13 | 23275 |
| WFL | Wellfully Limited | 0.09 | -12 | 874327 |
ANNOUNCEMENTS YOU MAY HAVE MISSED
Senex Energy (ASX:SXY) extended its Atlas natural gas development by purchasing undeveloped adjacent gas fields from Australian Pacific LNG. This will cost $80 million but will see Atlas’ production to reach 30PJ/year in 2024.
Compostable plastics company Secos (ASX:SES) signed a deal with the US Department of Veteran Affairs’ Veteran Canteen Services to supply Secos’ compostible waste bag products. The company says it expects demand to be strong having manufactured and delivered 50 million dog waste bags in the US to date.
Westpac (ASX:WBC) released the second and third independent review reports into its risk governance. The report assessed its plan to be on track based on activities undertaken between 1 February and 30 September this year.
Aus Tin Mining (ASX:ANW) announced it was divesting from its Taronga tin project. It will receive $34 million in cash and the project will be spun out into a London Stock Exchange IPO.
Property owner Desane (ASX:DGH) announced a $7 million evaluation uplift on its industrial portfolio representing a 40% hike to the current book value. It’s total assets now stand at $94 million.
TRADING HALTS
Tuesday
Okapi Resources (ASX:OKR) – acquisition
TNG (ASX:TNG) – capital raising
TZ (ASX:TZL) – capital raising
SenSen Networks (ASX:SNS) – capital raising
Corella Resources (ASX:CR9) – JORC Mineral Resource Estimate
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