Closing Bell: Today’s biggest small cap movers on the ASX
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A quick wrap of the key winners and losers on Wednesday, June 10.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made market-moving announcements during the day.
Pharmaceutical play Immuron (ASX:IMC) was today’s biggest winner, climbing over 260 per cent.
The company revealed its research partner had requested a pre-investigational new drug (IND) application meeting with the FDA for Immuron’s oral immunotherapeutics.
However while the share price jump came today, the news was released yesterday. This prompted a ‘please explain’ from the ASX and the company said it had nothing to report beyond yesterday’s news.
Online wine seller Digital Wine Ventures (ASX:DW8) was another winner, announcing May had been another booming month for sales.
Gold explorer Dark Horse Resources (ASX:DHR) surged as well. It successfully renegotiated a payment to vendors for its Cachi gold project in Argentina.