Closing Bell: Today’s biggest small cap movers on the ASX
Link copied to
Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike.
Data is taken after the market closes at 4pm AEDT.
Stocks highlighted in yellow rose after making announcements.
Today’s biggest winner was Middle Eastern focused copper-gold play Alara Resources (ASX:AUQ).
The company completed a capital raising which saw an Omani construction contractor buy a major stake in the company at a 125 per cent premium to last week’s price.
Cancer finder Imagion Biosystems (ASX:IBX) also rose after a capital raising despite the deal being done at a discount to last week’s price.
And the only food delivery play on the ASX, Dragontail Systems (ASX:DTS) has risen too in the last hour following a company update.