Here are the big movers among small cap stocks for today, February 28.

It was a relatively quiet morning on the local index, as the ASX Small Ords fell 4.5 points to 2,759.79 at 12pm AEST, a decline of 0.16 per cent.

GOING UP

Energy company Pancontinental Oil & Gas(ASX:PCL) doubled to 0.3 cents per share on high volumes as 32.5 million shares traded hands. The move wasn’t accompanied by any announcements.

Shares in PCL are down 80 per cent from their September 2018 high of 1.1 cents per share, when the company said it had discovered a large speculative oil deposit in the Namibian Sea.

In resources, Canada-focused coal miner Atrum Coal (ASX: ATU) was the standout, rising by more than 20 per cent in morning trade.

The company’s stock price more than doubled in February, after it gave an investor update on its fully-owned Elan South coking coal project in Alberta, Canada.

Here are the best performing ASX small cap stocks at 11.45am Thursday February 28: 

ASX code Company name Price % change Market cap Volume
PCL Pancontinental Oil & Gas NL 0.003 100% $10,800,000 32.5M
SRO Shareroot Ltd 0.0015 50% $2,400,000 300.0k
ATU Atrum Coal Ltd 0.23 24% $81,200,000 5.6M
CIO Connected IO Ltd 0.0025 25% $4,500,000 94.2k
SUD Suda Pharmaceuticals Ltd 0.005 25% $12,900,000 600.0k
COY Coppermoly Ltd 0.01 20% $8,600,000 85.0k
IVR Investigator Resources Ltd 0.01 20% $8,900,000 1.1M
NAE New Age Exploration Ltd 0.01 20% $4,300,000 2.0M
MEY Marenica Energy Ltd 0.11 20% $7,700,000 152.4k
XAM Xanadu Mines Ltd 0.14 17% $84,200,000 745.4k
PGI PanTerra Gold Ltd 0.04 17% $7,400,000 30.0k
AAJ Aruma Resources Ltd 0.01 17% $3,500,000 500.0k
QFY Quantify Technology Holdings 0.01 14% $7,800,000 65.0k
SLX Silex Systems Ltd 0.33 14% $56,300,000 673.6k
NET NetLinkz Ltd 0.03 14% $34,500,000 650.0k
TAM Tanami Gold NL 0.04 13% $49,400,000 100.0k
PAK Pacific American Coal Ltd 0.04 13% $5,800,000 177.5k
AU8 AuMake International Ltd 0.22 13% $62,400,000 1.5M
TTI Traffic Technologies Ltd 0.03 13% $13,000,000 303.3k
AUL Austar Gold Ltd 0.0045 13% $13,600,000 450.0k
GMC Gulf Manganese Corp Ltd 0.01 13% $31,700,000 500.0k
MDI Middle Island Resources Ltd 0.01 13% $9,400,000 123.8k

GOING DOWN

Struggling miner Victory Mines (ASX: VIC) led falls this morning, as it returned to the ASX boards following a two and a half month ban. Shares in VIC were down 40 per cent at 0.3 cents on volumes of 16.1 million.

To get ASX approval for reinstatement, Victory Mines agreed to replace its entire board along with the company secretary. It’s now exploring avenues to raise capital, via both debt and equity.

Underwater drone manufacturer Aquabotix (ASX: UUV) was down by around 30 per cent, after the release of its annual report revealed a 79.3 per cent fall in operating revenues.

Here are the worst performing ASX small cap stocks at 11.45am Thursday February 28: 

ASX code Company name Last price % change Market cap Volume
VIC Victory Mines Ltd 0.003 -40% $3,700,000 16.1M
UUV UUV Aquabotix Ltd 0.03 -29% $4,800,000 68.0k
TBH Betmakers Holdings Ltd 0.04 -24% $9,000,000 711.7k
GSM Golden State Mining Ltd 0.1 -23% $3,600,000 30.0k
WBE Whitebark Energy Ltd 0.004 -20% $6,300,000 700.0k
BLY Boart Longyear Ltd 0.004 -20% $118,300,000 23.5M
PVS Pivotal Systems Corp 1.4 -18% $155,400,000 102.6k
KNM KneoMedia Ltd 0.02 -17% $12,400,000 664.9k
MIL Millennium Services Group 0.19 -17% $8,700,000 940.8k
IMS Impelus Ltd 0.01 -17% $6,700,000 3.6M
FGO Flamingo AI Ltd 0.01 -14% $6,700,000 13.3M
DRX Diatreme Resources Ltd 0.01 -13% $17,300,000 200.0k
SYT Syntonic Ltd 0.01 -13% $20,900,000 5.6k
LSA Lachlan Star Ltd 0.01 -13% $5,300,000 666.8k
CCE Carnegie Clean Energy Ltd 0.0035 -13% $10,100,000 1.6M
FTC FinTech Chain Ltd 0.04 -13% $22,800,000 38.7k
BDC Bardoc Gold Ltd 0.05 -12% $41,200,000 396.5k
CAA Capral Ltd 0.12 -12% $57,600,000 794.2k
SLZ Sultan Resources Ltd 0.07 -11% $3,300,000 40.2k
SL1 Symbol Mining Ltd 0.02 -11% $9,400,000 463.3k
ICG Inca Minerals Ltd 0.004 -11% $11,900,000 505.7k
ELO Elmo Software Ltd 5.81 -11% $369,900,000 82.8k

Something completely different:

At least you’re not Kieran Trippier: