In Case You Missed It: Communications and fintech acquisitions abound

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar.

Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.

ICYMI Leader Board

Code	Company	Price	% Today	Market Cap
SYM	Symbio Holdings Ltd	2.64	17%	$193,522,883
DVR	Diverger Limited	1.05	17%	$33,718,322
5EA	5Eadvanced	0.385	17%	$100,318,937
AOA	Ausmon Resorces	0.0035	17%	$2,907,868
NET	Netlinkz Limited	0.007	17%	$21,183,170
SOV	Sovereign Cloud Hldg	0.11	16%	$32,243,064
DTC	Damstra Holdings	0.115	15%	$25,788,209
NC1	Nicoresourceslimited	0.45	11%	$35,534,846
AAR	Astral Resources NL	0.091	11%	$64,772,679
PYC	PYC Therapeutics	0.063	11%	$212,773,427
1AD	Adalta Limited	0.022	10%	$8,830,526
JGH	Jade Gas Holdings	0.033	10%	$30,186,126
TMG	Trigg Minerals Ltd	0.011	10%	$2,013,846
IR1	Irismetals	2.09	10%	$161,998,308
G88	Golden Mile Res Ltd	0.036	9%	$10,869,854
CUP	Count Limited	0.61	9%	$62,456,177
SLZ	Sultan Resources Ltd	0.026	8%	$3,556,561
TSK	Task Group Holdings	0.42	8%	$138,425,755
CMO	Cosmometalslimited	0.056	8%	$1,804,227
IDT	IDT Australia Ltd	0.064	7%	$21,011,349

Top of the charts today was cloud communications company Symbio Holdings (ASX:SYM) after Superloop (ASX:SLC) delivered an Improved, Best and Final Offer for 100% of the company, a 50:50 cash and scrip consideration of $2.85 per share.

100% of financial services company Diverger (ASX:DVR) is getting picked up by another financial player in Count (ASX:CUP) under A Scheme of Arrangement which implies an equity value of $45.3m.

5E Advanced Materials (ASX:5EA) has been given US EPA approval to conduct step-rate testing under its existing permit for its planned Boric Acid production project.

Netlinkz (ASX:NET) is looking to enter into a second senior note facility with shareholders to raise up to $12 million to repay existing short-term debt and to fund expansion of its global Starlink satellite and NaaS business into Southeast Asia, MENA, South America and other international markets.

And cyber security company Sovereign Cloud Holdings (ASX:SOV) reported a net loss for FY23 of $21.3m but grew revenue to $6.8m – up from $4.7m in FY22.

More Top Small Cap Stories: Friday

Charger Metals (ASX:CHR) says outstanding assay results from drilling at its Bynoe project in the NT have confirmed lithium and tantalum mineralisation at three of the prospects.

Mako Gold (ASX:MKG) says assays from the circa 800m RC drill program on the Napié project confirmed gold mineralisation persists at depth at the Gogbala South prospect, plus geological mapping and rock-chip sampling is underway ahead of planned metallurgical test work at the Korhogo project in Côte d’Ivoire.

Sultan Resources (ASX:SLZ) has flagged a priority exploration target within the interpreted Lithium-Caesium-Tantalum (LCT) ‘Goldilocks Zone’ after receiving assays from its Ruddy project in Canada.

Biopharma player Dimerix (ASX:DXB) has received regulatory approval from the National Pharmaceutical Regulatory Agency to expand its Phase 3 ACTION clinical trial in Focal segmental glomerulosclerosis (FSGS) kidney disease into Malaysia.

Maximus Resources (ASX:MXR) has kicked off a ~1,500m RC drill program across the Hilditch gold project and the Kandui nickel prospect in WA.

At Stockhead we tell it like it is. While Charger Metals, Mako Gold, Sultan Resources, Dimerix, Maximus Resources, and Netlinkz are Stockhead advertisers, they did not sponsor this article.