“Don’t take no for an answer.”

People who live by that motto are known to be tough cookies. And 89-year-old grandfather Roger Murray would rather go to jail than pay this particular parking fine.

His car slightly touched the parking spot’s lines.

Murray got a £50 ($89) fine. He’s refusing to pay and it’s now nearly tripled to £158 ($282).

The local Macclesfield council will hand the job to a debt-collection agency who will likely enter his house and repossess goods to pay the fine and “additional costs”.

“I probably should have paid the fine but there are times when you feel the thing [is] so unjust that you just make a stand,” Murray said. “If these hired thugs do break into my home I shall resist with which ever means possible.”

The council is standing its ground asserting: “The vehicle was positioned in a way that prevented other drivers from using the neighbouring parking space.”

You know who else won’t take no for an answer? The markets – they want more rate cuts.

Reserve Bank Governor Phillip Lowe will give a speech later this afternoon where he will give hints about whether more are coming and if so, when.

Westpac, which previously tipped one more rate cut in February, is now predicting two rate cuts by February with the first in October.

Today the ASX Small Ords has gained 0.80 per cent and hit 3,000 while the ASX 200 has gained 0.35 per cent to 6,800.

Going up

Race Oncology (ASX: RAC) gained nearly 40 per cent after announcing its first leukaemia patient had been treated in its drug’s clinical trial.

Cybersecurity stock Tesserent (ASX: TNT) has gained 17 per cent after investors warmed to its latest quarterly.

Bod Australia (ASX: BDA) is up 20 per cent after announcing its medical cannabis prescriptions had gone up 273 per cent in a month.

Here are the best performing ASX small cap stocks at lunchtime, Thursday July 25:

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Code Name Price % Chg Market Cap Volume
SCN Scorpion Minerals Ltd 0.007 +75.00% $1.2M 375.0k
MZN Marindi Metals Ltd 0.0015 +50.00% $3.4M 307.0k
RAC Race Oncology Ltd 0.06 +39.53% $5.2M 1.4M
TZL TZ Ltd 0.1 +25.00% $7.1M 1.0k
DRE Dreadnought Resources Ltd 0.005 +25.00% $5.3M 1.3M
E2E Eon NRG Ltd 0.005 +25.00% $3.8M 1.1M
LMG Latrobe Magnesium Ltd 0.006 +20.00% $7.8M 669.9k
SYT Syntonic Ltd 0.003 +20.00% $10.0M 2.3M
KAR Karoon Energy Ltd 1.45 +19.83% $358.8M 3.8M
BDA Bod Australia Ltd 0.67 +19.64% $56.0M 2.1M
ARD Argent Minerals Ltd 0.02 +18.75% $9.7M 2.3M
VMX Valmec Ltd 0.32 +18.52% $40.2M 1.7M
BRK Brookside Energy Ltd 0.013 +18.18% $13.0M 4.8M
VVA Viva Leisure Ltd 1.06 +17.78% $55.8M 40.5k
OVH Onevue Holdings Ltd 0.45 +17.76% $118.4M 1.4M
JHL Jayex Healthcare Ltd 0.07 +17.74% $12.6M 39.5k
MSE Metalsearch Ltd 0.007 +16.67% $3.4M 4.8M
NVA Nova Minerals Ltd 0.03 +16.67% $23.2M 5.9M
SIH Sihayo Gold Ltd 0.014 +16.67% $32.4M 1.0k
TNT Tesserent Ltd 0.05 +16.67% $12.2M 1.4M

Going down

Jervois Mining (ASX: JRV) fell after a capital raise took effect despite it being a part of a merger with eCobalt.

Here are the worst performing ASX small cap stocks at lunchtime, Thursday July 25:

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Code Name Price % Chg Market Cap Volume
GPP Greenpower Energy Ltd 0.001 -50.00% $2.0M 600.0k
IAM Intiger Group Ltd 0.001 -33.33% $1.7M 100.0k
PBX Pacific Bauxite Ltd 0.005 -28.57% $2.0M 888.3k
MNC Metminco Ltd 0.003 -25.00% $2.4M 13.6k
DHR Dark Horse Resources Ltd 0.003 -25.00% $6.1M 200.0k
DTM Dart Mining NL 0.005 -16.67% $5.1M 50.0k
CZN Corazon Mining Ltd 0.0025 -16.67% $4.1M 533.3k
SHH Shree Minerals Ltd 0.007 -12.50% $4.3M 150.0k
RLE Real Energy Corp Ltd 0.05 -10.71% $17.5M 1.4M
JRV Jervois Mining Ltd 0.22 -10.42% $58.9M 2.1M
LER Leaf Resources Ltd 0.03 -10.34% $7.9M 18.0k
SCI Silver City Minerals Ltd 0.009 -10.00% $2.6M 574.9k
EVE EVE Investments Ltd 0.0045 -10.00% $11.3M 100.0k
CTM Centaurus Metals Ltd 0.009 -10.00% $24.5M 6.1M
AU1 Agency Group Australia Ltd/The 0.07 -9.88% $7.6M 109.0k
PPG Pro-Pac Packaging Ltd 0.14 -9.68% $113.5M 13.0k
SHO SportsHero Ltd 0.07 -9.59% $19.2M 678.3k