Last Orders: What you might have missed on the ASX today
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It’s been a strange day on the ASX, with just 24 minutes of trading before a system issue took down trading for the rest of the day.
When the outage hit the Small Ordinaries index of 100 small-cap companies was up 1.1 per cent, or 31.3, points, to 2,975.5 – not quite as good as the ASX200, which had gained 1.2 per cent.
The microcap Emerging Companies index had gained 1.1 per cent, to 1,811.7.
Skin Elements (ASX:SKN) was the biggest gainer on the ASX before trading stopped, rising 55 per cent to 6.2c.
In a response to an ASX price query, the company noted its announcement on Wednesday that it had submitted an application for regulatory approval for its Invisi Shield product as a natural disinfectant product.
Elsewhere on the ASX:
– Alterity Therapeutics (ASX:ATH) rose 26.9 per cent to 3.3c after the Melbourne biotech company announced it had been granted a US patent for using more than 150 novel pharmaceutical compounds to treat Parkinson’s disease, Alzheimer’s disease and other neurological disorders.
– Althea Group (ASX:AGH) was flat at 43.5c after announcing its Canadian subsidiary Peak Processing Solutions has entered into icence agreement with two Canada-based companies to produce topical products and beverages. The cannabis company expects to receive $C4.65 million ($487 million) in revenue from the contracts over the next 12 months.
– CSL (ASX:CSL) gained 1.8 per cent to $315.04 after announcing that its Sequerius subsidiary would invest $800 million to construct a new biotech manufacturing facility in Melbourne to supply influenza vaccines to Australia and the rest of the world. The new facility will use the new cell-based technology, rather than the traditional process of growing vaccines in eggs.
– Australian Primary Hemp (ASX:APH) was flat at 17c after announcing a deal with 7-Eleven Australia to stock its “Mt Elephant” hemp snack bars in stores across Australia. The company expects annual sales of between $1 million and $1.4 million.
Tempest Minerals (ASX:TEM) – capital raising
Crowd Media (ASX:CM8) – capital raising
Elixinol (ASX:EXL) – capital raising
CannPal (ASX:CP1) – transaction
AusCann (ASX:AC8) – transaction
Land & Homes Group (ASX:LHM) – financing options
Bryah Resources (ASX:BYH) – manganese rights update
Mayor Resources (ASX:MRL) – capital raising
Protean Energy (ASX:POW) – price query response
+ ESS & HCH entered 2*2 trading halts for capital raisings, to exit Friday