RIP Chewbacca.

The man who made the greatest muppet ever come alive on film, Peter Mayhew, died last night, aged 74. At 2.21m tall, he started his film career as a minotaur, and only got the Chewie role after David Prowse turned it down so he could be Darth Vader.

Chewie never did get that medal for saving the galaxy, but had all the most memorable lines. Rest well, you big fuzzball.

 

Onwards!

Vegan beef and sausage maker Beyond Meat just had the biggest US IPO of 2019.

It soared as much as 192 per cent from its IPO price of $US25 a share, before finishing its debut day up 163 per cent to $US65.75. This gives it a market cap of about $US3.8 billion.

Tesla was up 4.3 per cent after the company unveiled a plan to raise up to US$2 billion. Or it could be that Tesla reckons its self-driving systems, currently in development, will transform the $42 billion company into a $500 billion behemoth.

The ASX Small Ords Index softened in morning trade, down 2.6 points to 2852.7, but it could be just a matter of time before we breach August 2018 highs of ~2915.

Nice recovery.

Here’s your small cap winner and losers for this Friday morning:

WINNERS

Ultracharge (ASX:UTR) slumped 20 per cent yesterday after announcing it was selling a key piece of IP. This morning the stock recovered its losses, bouncing back by 25 per cent.

And talent-packed explorer S2 Resources (ASX:S2R), which has just discovered a big gold anomaly in Finland, was up another 20 per cent in morning trade.

Other big winners include Carnavale Resources (ASX:CAV), Norwest Energy (ASX:NWE), and Venture Minerals (ASX:VMS).

Here are the best performing ASX small cap stocks at 12pm on Friday, May 3:

Ticker Name Price % Chg Market Cap Volume
EER East Energy Resources 0.004 100% $12,800,000 193.7k
R3D R3D Global 0.03 100% $1,200,000 10.0k
AUH AustChina 0.003 50% $3,300,000 733.3k
NVO NVOI 0.02 43% $20,700,000 38.1M
PCH Property Connect 0.004 33% $2,700,000 250.0k
SRO Shareroot 0.002 33% $3,100,000 386.0k
CFE Cape Lambert Resources 0.02 25% $15,200,000 2.7M
CAV Carnavale Resources 0.005 25% $3,300,000 165.5k
NEW Norwest Energy 0.003 25% $485,300,000 1.9M
TV2 TV2U International 0.005 25% $11,100,000 100.0k
UTR Ultracharge 0.005 25% $3,800,000 550.0k
FTT Factor Therapeutics 0.005 25% $5,200,000 350.0k
WHK WhiteHawk 0.11 24% $14,600,000 18.4M
VMS Venture Minerals 0.03 22% $14,100,000 4.2M
SL1 Symbol Mining 0.008 21% $6,100,000 1.9M
DW8 Digital Wine Ventures 0.006 20% $4,700,000 1.8M
DTR Dateline Resources 0.003 20% $23,900,000 1.5M
MMR MEC Resources 0.006 20% $2,400,000 100.0k
MRV Moreton Resources 0.006 20% $18,600,000 75.0k
SRN Surefire Resources 0.006 20% $3,000,000 803.1k
S2R S2 Resources 0.12 20% $26,000,000 569.2k

 

LOSERS

Not a lot of significance to report, apart from some movement on National Tyre and Wheel (ASX: NTD), which yesterday reported lower than expected Q3 sales volumes and revenue, “despite an array of promotional activities”. It’s lost 14 per cent since then, and has now dropped to 39c from a high of close to $1 six months ago.

Here are the worst performing ASX small cap stocks at 12pm on Friday, May 3:

Ticker Name Price % Chg Market Cap Volume
SAN Sagalio Energy 0.003 -40% $614,000 168.0k
SBR Sabre Resources 0.004 -33% $1,600,000 240.3k
IBN Ibuynew Group 0.022 -31% $479,000 24.8k
CIO Connected IO 0.003 -25% $5,400,000 5.9M
MEB Medibio 0.011 -21% $2,700,000 652.5k
TYX Tyranna Resources 0.004 -20% $3,800,000 41.7k
ANL Amani Gold 0.002 -20% $7,400,000 200.0k
PBX Pacific Bauxite 0.01 -18% $3,600,000 290.2k
IPD ImpediMed 0.26 -17% $98,700,000 2.5M
VIC Victory Mines 0.005 -17% $3,700,000 233.5k
VAL Valor Resources 0.005 -17% $9,500,000 366.8k
SYT Syntonic 0.005 -17% $16,200,000 160.0k
JAY Jayride Group 0.26 -16% $21,900,000 11.2k
NTD National Tyre & Wheel 0.39 -14% $40,100,000 413.7k
NGY NuEnergy Gas 0.01 -14% $17,800,000 26.9k
MTH Mithril Resources 0.01 -14% $2,500,000 5.0k
POH Phosphagenics 0.004 -13% $5,500,000 1.9M
P2P P2P Transport 0.3 -12% $25,100,000 35.8k
NWM Norwest Minerals 0.15 -12% $9,400,000 2.5k