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 biggest winners and losers.
Data is taken at the market close – at 4.10pm AEDT.
Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.
Scroll or swipe to reveal table. Click headings to sort.
Topping the list was medical diagnostics company Universal Biosensors (ASX:UBI) after announcing a new supply agreement with Lubris BioSystems.
The deal will see Lubris supply its Lubricin (PRG4) coating for use in UBI’s strip-based diagnostic products, with a view to building out an improved commercial product that “enhances UBI’s detection limits by 1,000,000 times”, the company said.
After nearly halving in just a few minutes yesterday morning Greenland Minerals (ASX:GGG) clawed back some of its losses.
The catalyst for its fall was an anti-mining party in Greenland becoming the largest party in the local parliament, leaving investors to fear the company’s project was in jeopardy. The company noted the government would be a coalition of parties and said it looked forward to working with the new government to advance its Kvanefjeld rare earth project.
Conico (ASX:CNJ) fell off the back of a capital raising.