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

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.

WINNERS

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Code	Company	Price	%	Volume
LIO	Lion Energy Limited	0.065	132	54,764,400
ILA	Island Pharma	0.525	110	18,401,152
OXX	Octanex Ltd	0.071	58	2,322,447
VIC	Victory Mines Ltd	0.003	50	3,945,386
LCY	Legacy Iron Ore	0.019	46	31,380,522
WKT	Walkabout Resources	0.255	42	5,283,536
GBE	Globe Metals &Mining	0.046	31	184,072
MGT	Magnetite Mines	0.068	28	167,225,409
CPV	Clearvue Technologie	0.715	22	1,975,282
CAP	Carpentaria Resource	0.046	21	8,803,312
MGU	Magnum Mining & Exp	0.17	20	10,954,751
EX1	Exopharm Limited	0.79	20	1,106,419
PTG	Proptech Group	0.64	20	148,365
BOA	Boadicea Resources	0.24	17	31,083
Z1P	Zip Co Ltd	9.73	17	24,321,933
LAW	Lawfinance Ltd	0.021	17	469,922
SNG	Siren Gold	0.42	17	411,133
LNY	Laneway Res Ltd	0.007	17	12,511,938
MRD	Mount Ridley Mines	0.007	17	38,263,601
VPR	Volt Power Group	0.0035	17	2,405,000
ICN	Icon Energy Limited	0.015	15	1,301,474
ONE	Oneview Healthcare	0.46	15	10,082,334

Lion Energy (ASX:LIO) led the pack after the company announced results from a report carried out by oil & gas consulting group Miller and Lents for Lion’s Seram PSC in Indonesia, in which Lion holds a 2.5pc stake.

The report showed a “significant increase in oil reserves” for the project’s Oseil oil field, with proven and probable reserves reported as 4.37MMbbl, Lion said.

After ripping higher, shares in LIO went into a trading halt shortly after midday, pending a further announcement.

Also doubling up was ASX debutante Island Pharmaceuticals (ASX:ILA), the latest biotech to join the boards with a formula for fighting mosquito diseases, particularly dengue fever.

LOSERS

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Code	Company	Price	%	Volume
ANL	Amani Gold Ltd	0.001	-33	31,306,626
ACS	Accent Resources NL	0.045	-31	28,834
MRC	Mineral Commodities	0.24	-23	3,600,722
DEL	Delorean Corporation	0.335	-20	34,064,716
XST	Xstate Resources	0.004	-20	40,762,082
XTC	Xantippe Res Ltd	0.002	-20	750,000
SCI	Silver City Minerals	0.038	-17	16,803,190
MRQ	Mrg Metals Limited	0.01	-17	5,375,936
OEX	Oilex Ltd	0.005	-17	37,847,238
PCL	Pancontinental Oil	0.0025	-17	10,028,342
OLH	Oldfields Holdings	0.051	-15	113,928
AZI	Alta Zinc Ltd	0.006	-14	6,939,606
DCX	Discovex Res Ltd	0.006	-14	1,347,213
FGO	Fargo Enterprises	0.006	-14	29,418,027
RDS	Redstone Resources	0.012	-14	2,969,725
YPB	YPB Group Ltd	0.003	-14	7,955,001
DLT	Delta Drone Intl Ltd	0.025	-14	488,748
WWG	Wisewaygroupltd	0.315	-14	404,609
AKO	Akora Resources	0.38	-14	792,618
IPT	Impact Minerals	0.02	-13	10,928,903
AEV	Avenira Limited	0.007	-13	962,352
ANA	Ansila Energy	0.028	-13	13,115,835