Closing Bell: Today’s biggest small cap movers on the ASX

A quick wrap of the ASX’s key winners and losers on Monday, September 28

Data is taken after the market closes at 4pm AEST.

Stocks highlighted in yellow made market-moving announcements during the day.

WINNERS

Classic Minerals (ASX:CLZ) is developing its Kat Gap gold project in WA after discovering significant high-grade gold intersections there.

But the company had not issued any market announcement Monday.

Piedmont Lithium (ASX:PLL) had a share surge after announcing Tesla had agreed to purchase 53,000 tonnes per year of spodumene concentrate from its North Carolina deposit in the US in a five-year deal.

Telecoms and internet company United Networks (ASX:UNL) published a market update from its CEO Victor Tsaccounis covering its 2020 financial year performance.

Fintech company Isentric (ASX:ICU) was one of Monday’s highest movers without much information flow.

The company is adding BNPL capabilities to its existing payment processing platform.

LOSERS

Investment company Mariner Corporation (ASX:MCX) was the largest faller on the ASX, Monday, after publication of its 2020 annual report Friday.

The report showed a loss for the group of $429,600, up from a loss of $17,570 for the 2019 financial year.

The company’s balance sheet position improved to show net assets of $521,000 from net liabilities of $3.1m a year ago.

Wave power company Carnegie Clean Energy (ASX:CCE) had the second largest drop of any ASX company at the closing bell.

The company last week released a presentation on its Wave Predictor technology, a piece of machine learning software for predicting sea waves.

Australian Tin Mining (ASX:ANW) restarted trading on the ASX after a halt last week, and is seeking to raise $3m of fresh capital.

Management is evaluating the company’s existing projects and potential new ones which includes a coking coal project in NSW.