Closing Bell: Today’s biggest small cap movers on the ASX
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Closing Bell is Stockhead’s daily recap of the ASX’s key winners and losers.
Data is taken after the market closes at 4pm AEDT.
Stocks highlighted in yellow made market-moving announcements during the day.
Today’s trading day was overshadowed by glitches with the ASX’s website.
Leading the charge was Australia United Mining (ASX:AYM) which rose 375 per cent off no news then entered a trading halt pending a “tenement co-operation agreement”.
Azure Minerals (ASX:AZS) rose over 60 per cent, exciting investors from a big nickel-copper hit on its very first drillhole at the its Andover project in WA.
Large cap Link Administration (ASX:LNK) received a takeover offer from a private equity consortium led by Pacific Equity Partners and Carlyle Group.
Pot stock Cann Group (ASX:CAN) fell after revealing its major backer, Aurora Cannabis, had sold its entire 11.84 per cent stake.