Closing Bell: Today’s biggest small cap movers on the ASX
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A quick wrap of the ASX’s key winners and losers on Tuesday, July 14.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made potentially market-moving announcements during the day.
Today 334 stocks rose, 982 declined and 791 were unchanged.
Geospatial analytics company Pointerra (ASX:3DP) has issued a $2.5m placement to an investment vehicle controlled by billionaire tech investor Bevan Slattery.
Markets responded to Slattery’s seal of approval — 3DP shares climbed by more than 70 per cent to their highest level since January 2018.
Explorer Dreadnought Resources (ASX:DRE) has defined 3 new gold targets at the historic Illaara Gold-VMS project near Kalgoorlie in WA.
The stock – which has gained 85 per cent in the last 6 months – was up was 30 per cent for the day.
VIP Gloves (ASX:VIP), which manufacturers nitrile disposable gloves from its manufacturing hub in Malaysia, also rose strongly after announcing a change in substantial shareholding earlier this morning.
Digital Wine Ventures’ (ASX:DW8) WINEDEPOT business shipped a record amount of booze in June, up 40 per cent on the previous record in May.
The total number of orders processed in Q2 was 7,754; up 93 per cent on the previous quarter.
Cloud-based SaaS tech platform WINEDEPOT has thrived during COVID-19 because it ostensibly allows direct-to-market sales and streamlines the supply chain, the company says.
The stock is up 18 per cent for day and 225 per cent over the past 6 months.