Is our Reef dying?

Not according to Environment Minister Sussan Ley, who rejected UNESCO’s decision to put the Great Barrier Reef on the World Heritage “in danger” list.

And she’s now got the backing of 11 countries, who said the decision was politicised by China, also saying that it’s “the best managed reef in the world”.

What’s at stake? Around $6 billion of tourism trade every year.

Back to the markets, the ASX finished 0.30 per cent lower at the halfway mark.

All except three sectors were in the red, with Tech leading the way and rising by 2.5 per cent.

Energy and utilities were the main drag, losing 1 per cent each.

Afterpay (ASX:APT) rose by 7 per cent after making an after-hours announcement last night.

The company said it’s making its service available to select app customers at the most popular and largest merchants in the US.

This includes Amazon, CVS, Dell, Kroger, Macy’s, Nike, Sephora, Target, Victoria’s Secret, Walgreens and Yeti – a group of merchants that represent almost half of all US ecommerce volume.
 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Thursday, June 24:

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Code NAME PRICE % CHANGE VOLUME MARKET CAP
CLZ Classic Min Ltd 0.0015 50 36560000 $ 21,770,381.43
AEV Avenira Limited 0.008 33 4910915 $ 5,177,116.91
ECT Env Clean Tech Ltd. 0.002 33 531773 $ 17,746,874.93
CXM Centrex Metals 0.059 26 390041 $ 17,267,945.23
MR1 Montem Resources 0.035 21 2709295 $ 5,696,815.42
SI6 SI6 Metals Limited 0.012 20 27725055 $ 13,932,602.64
VPR Volt Power Group 0.003 20 6377276 $ 23,361,333.90
OMH OM Holdings Limited 0.975 20 2174703 $ 601,978,019.66
CNB Carnaby Resource Ltd 0.355 18 1171437 $ 35,383,691.10
OEX Oilex Ltd 0.0035 17 2241262 $ 16,379,085.93
AAU Antilles Gold Ltd 0.082 15 872225 $ 17,919,589.75
NWE Norwest Energy NL 0.008 14 1454464 $ 35,514,103.87
EFE Eastern Iron 0.017 13 36142710 $ 11,178,476.46
AQI Alicanto Min Ltd 0.13 13 473200 $ 37,704,758.02
MEI Meteoric Resources 0.054 13 5941929 $ 63,109,993.87
ICG Inca Minerals Ltd 0.135 13 314748 $ 49,334,873.16
ADV Ardiden Ltd 0.009 13 386454 $ 17,194,833.73
GMR Golden Rim Resources 0.009 13 1077492 $ 21,362,797.43
MBK Metal Bank Ltd 0.009 13 831466 $ 9,512,546.43
OXX Octanex Ltd 0.037 12 175376 $ 8,508,186.72
LTR Liontown Resources 0.72 12 4578862 $ 1,173,325,937.75
HRR Heron Resources 0.05 11 215128 $ 19,289,907.23
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In small caps however, the session belonged to the miners.

Carnaby Resources (ASX:CNB) rose 18 per cent with an exploration update from its Greater Duchess Copper-Gold project in northwest Queensland. It reported some handsome copper hits including 30m at 1.8 per cent.

OM Holdings (ASX:OMH) rose 20 per cent after committing to Tranche 4 funding of $500k and increased its JV interest in the Bryah Basin Manganese Joint Venture to 51 per cent.

Lithium play Ioneer (ASX:INR) rose by 12 per cent after confirming the issuance of a Class II Air Quality Permit for its Rhyolite Ridge Lithium-Boron Project in Nevada.

Meanwhile, digital marketing company, Adveritas (ASX:AV1), rose by 12 per cent after reporting that its TrafficGuard contracts signed in the June quarter were worth $350k, increasing its annualised revenue by 132 per cent compared to the March quarter. TrafficGuard is an ad fraud prevention technology owned by Adveritas.

 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Thursday, June 24:

Swipe or scroll to reveal the full table. Click headings to sort.

CODE NAME PRICE % CHANGE VOLUME MARKET CAP
MRD Mount Ridley Mines 0.0025 -55 149108331 $ 23,983,380.86
ANL Amani Gold Ltd 0.001 -33 310752 $ 18,580,495.12
CCE Carnegie Cln Energy 0.002 -33 4042160 $ 44,107,721.13
WOO Wooboard Tech Ltd 0.002 -33 628941 $ 11,466,488.23
YPB YPB Group Ltd 0.002 -20 3902681 $ 12,479,551.30
ARU Arafura Resource Ltd 0.14 -19 10583499 $ 199,032,729.71
OVT Ovato Limited 0.0025 -17 10603020 $ 36,638,436.76
N1H N1 Holdings Ltd 0.051 -15 203000 $ 4,893,334.38
RCP Redbank Copper Ltd 0.069 -14 4184981 $ 41,252,058.40
XST Xstate Resources 0.0035 -13 58832007 $ 10,758,350.06
CY5 Cygnus Gold Limited 0.105 -13 81343 $ 13,010,411.76
WOW Woolworths Group Ltd 37.36 -12 2345269 $ 53,887,904,246.67
14D 1414 Degrees Limited 0.11 -12 775259 $ 25,038,807.25
PHL Propell Holdings Ltd 0.11 -12 279075 $ 10,195,984.00
ARO Astro Resources NL 0.004 -11 2068009 $ 16,938,868.56
ENT Enterprise Metals 0.016 -11 77180 $ 10,088,417.83
OEL Otto Energy Limited 0.008 -11 100000 $ 43,155,087.96
SBR Sabre Resources 0.004 -11 433333 $ 7,573,786.42
HGO Hillgrove Res Ltd 0.057 -11 1316593 $ 59,966,040.38
ICR Intelicare Holdings 0.17 -11 177045 $ 8,920,619.89
M8S M8 Sustainable 0.026 -10 137766 $ 5,089,503.63
AKM Aspire Mining Ltd 0.072 -10 100000 $ 40,610,958.80
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