Here are the key ASX small cap winners and losers at lunch Monday Sep 17:

The ASX Small Ords was up 3.6 points or 0.13 per cent to 2,834.5 at 12.54pm AEST.

GOING UP

Vintage Energy (ASX:VEN) is celebrating a good debut on the ASX. The newly-listed company listed at a 15 per cent premium to its 20c issue price.

The gas explorer raised $30 million by issuing 150 million shares at 20c per share to capitalise on a potential east coast gas shortage.

It’s buying a large landholding in the Galilee Basin in Queensland through a farm-in with Comet Ridge (ASX:COI).

The company is also in a joint venture with Rawson Oil and Gas (ASX:RAW) to drill the Nangwarry gas prospect in South Australia, and has a gas permit in the onshore Bonaparte Basin in the Northern Territory.

Sex toy wholesaler Delecta (ASX:DLC) has… become a cobalt and copper miner.

And investors greatly enjoyed the news, sending the company up 43 per cent to 1c — its highest mark in over four years.

Late last month Delecta reported reduced revenue and a net loss, but this morning revealed that it had signed an agreement to acquire full interest in a high-grade cobalt-copper project in Nevada, US.

It says the project area is adjacent to ASX-listed New World Cobalt’s (ASX: NWC) claims and Tyranna Resources’ (ASX: TYX) claims.

Terrain Minerals (ASX:TMX) told investors it had received “excellent” metallurgical recovery results, sending the stock up 11 per cent to an intraday high of 0.5c.

The results came from a metallurgical recovery test work program recently undertaken on the mineralisation at its Great Western site.

Argonaut Resources (ASX:ARE) was up 13 per cent to an intraday high of 2.7c after telling investors the management committee of the Torrens Joint Venture has resolved to proceed with stage one of a major drilling program at Torrens in South Australia.

The drilling program is to be the first phase of a multi-phase program that is expected to take 18-24 months and comprise 20-30 deep drill holes.

Here are the best performing ASX small cap stocks at 12.30pm AEST Monday Sep 17: 

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ASX code Company Price change today (12pm) Price (12pm) Volume Market Cap
EUZ EUROPA METALS LT 0.5 0.3c 93M 11.2M
DLC DELECTA 0.29 0.9c 637k 4.4M
XST XSTATE RESOURCES 0.25 0.5c 76k 3.1M
TMX TERRAIN MINERALS 0.25 0.5c 187k 2.9M
IEC INTRA ENERGY COR 0.22 1.1c 160k 3.5M
ROO ROOTS SUSTAI-CDI 0.22 31c 1k 16.3M
CCA CHANGE FINANCIAL 0.21 17c 430k 12.0M
SDL SUNDANCE RESOURC 0.2 0.6c 5M 45.7M
NOR NORWOOD SYSTEMS 0.2 0.6c 1M 6.6M
BKP BARAKA ENERGY AN 0.2 0.6c 21M 13.5M
S2R S2 RESOURCES 0.2 12c 3k 24.8M
FOD FOOD REVOLUTION 0.19 12.5c 11M 45.6M
FGO FLAMINGO AI 0.19 3.2c 657k 30.2M
TNY TINYBEANS GROUP 0.17 27c 30k 7.5M
LSA LACHLAN STAR 0.17 1.4c 450k 9.0M
CPV CLEARVUE TECHNOL 0.17 77c 3M 62.7M
AAU ADCORP AUSTRALIA 0.17 1.4c 41k 2.2M
RMX RED MOUNTAIN MIN 0.14 0.8c 200k 4.7M
HIP HIPO RESOURCES L 0.13 1.7c 470k 5.8M
AUP AURORA PROPERTY 0.13 $2.60 5k 4.7M
ARE ARGONAUT RESOURC 0.13 2.7c 8M 37.3M
SPQ SUPERIOR RESOURC 0.13 0.9c 5M 5.5M
KEY KEY PETROLEUM LT 0.13 0.9c 364k 10.8M
SRN SUREFIRE RESOURC 0.11 1c 1M 3.8M
NCR NUCOAL RESOURCES 0.11 1c 20k 6.9M
KTE K2 ENERGY 0.11 1c 250k 2.7M
BUX BUXTON RESOURCES 0.11 15c 62k 15.4M
IDT IDT AUSTRALIA 0.11 15.5c 142k 34.2M
EME ENERGY METALS LT 0.11 15.5c 28k 29.4M
MPW MSL SOLUTIONS LT 0.11 21c 628k 47.4M

 

GOING DOWN

Aged care-related stocks are plunging after Prime Minister Scott Morrison called for a Royal Commission into the sector over the weekend.

Click the link above for a full run-down. Both Japara (ASX:JHC), which operates 48 aged care homes, and Estia Health (ASX:EHE), which operates 68 aged care homes, are among the ten biggest small cap decliners at lunch today, dropping 21 per cent and 18 per cent respectively.

Here are the worst performing ASX small cap stocks at 12.30pm Monday 17 September: 

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ASX code Company Price change today (12pm) Price (12pm) Volume Market Cap
ROG RED SKY ENERGY L -0.25 0.3c 39M 2.9M
HCO HYLEA METALS -0.25 0.3c 700k 9.8M
CIO CONNECTED IO -0.25 0.3c 500k 4.8M
BAS BASS OIL -0.25 0.3c 4M 10.4M
SUD SUDA PHARMACEUTI -0.2 0.4c 1M 12.9M
SER STRATEGIC ENERGY -0.2 0.4c 122k 4.4M
SDV SCIDEV -0.2 0.8c 135k 6.4M
MTH MITHRIL RESOURCE -0.2 0.8c 785k 2.0M
ICG INCA MINERALS -0.2 0.4c 396k 13.8M
CYQ CYCLIQ GROUP -0.2 0.8c 20k 7.8M
DEV DEVEX RESOURCES -0.17 0.5c 680k 6.6M
AVD ANTILLES OIL AND -0.17 3c 132k 4.9M
AOA AUSMON RESOURCES -0.17 0.5c 2M 3.1M
ODA ORCODA -0.15 20c 2k 21.0M
HMX HAMMER METALS -0.13 2.6c 143k 8.1M
ODM ODIN METALS -0.13 13c 300 23.1M
RMY RMA GLOBAL -0.13 21c 270k 88.3M
KGM KALNORTH GOLD MI -0.13 0.7c 95k 7.2M
GMC GULF MANGANESE C -0.13 1.4c 28M 45.4M
FPL FREMONT PETROLEU -0.13 0.7c 14M 6.9M
CHK COHIBA MINERALS -0.13 0.7c 2M 4.5M
VN8 VONEX -0.11 12c 111k 19.9M
BEM BLACKEARTH MINER -0.11 12c 44k 8.2M
PCL PANCONTINENTAL -0.11 0.8c 20M 47.4M
AEV AVENIRA -0.11 1.6c 2M 17.2M
AUZ AUSTRALIAN MINES -0.11 4.1c 54M 124.9M
AWN AROWANA INTERNAT -0.11 25c 50k 44.3M
SE1 SENSERA -0.1 13c 3M 35.4M
PNW PACIFIC STAR NET -0.1 36c 250 79.6M
ESE ESENSE-LAB -0.1 4.5c 315k 4.0M