Closing Bell: Today’s biggest small cap movers on the ASX
Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike.
Data is taken at the market close – at 4pm AEDT.
Stocks highlighted in yellow rose after making announcements.
The biggest gainer was Gas2Grid (ASX:GGX), which rose 67 per cent to 0.5c following an update on its legal dispute against the French government, which it is suing for refusing to let it renew an exploration permit. Gas2Grid announced today the government has not submitted its defence by the due date.
The third-biggest gainer was Nuenergy Gas (ASX:NGY), which rose 50 per cent to 1.8c. In a response to an ASX price and volume query, the company said it had no explanation for the rise in its securities. It noted the approval process for the Tanjung Enim coal mine in Papua New Guinea.
Real Energy Corporation (ASX:RLE) rose 33 per cent to 4c after partnering with HYZON Motors Australia to develop a network of hydrogen refueling points in Australia.
Acrux (ASX:ACR) gained 30 per cent to 21.5c after the US Food and Drug Administration approved its generic testosterone topical solution.
On the flip side, Blaze International (ASX:BLZ) fell 23 per cent to 2.4c after an exploration update at its Mt Magnet South project.
Helix Resources (ASX:HLX) retreated 21 per cent to 1.1c after an update to drilling at its Battery Tank Goldfield area.