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Here are the key ASX small cap winners and losers at lunch Monday November 19:

The ASX Small Ords was up 0.08 per cent or 2 points to 2613.1 at 12.30pm AEDT.

GOING UP

Stanmore Coal (ASX:SMR) surged 21 per cent after receiving a 95c-per-share takeover offer from Singapore-linked Golden Investments.

Stockhead‘s Tim Treadgold covered Stanmore back in September, noting that “it’s becoming expensive to continue overlooking coal as an investment”.

Stanmore operates the “Isaac Plains” coking coal mine in Queensland’s Bowen Basin and also has thermal coal resources.

Stanmore shares rose from 83c to $1 after the all-cash offer was tabled. The stock was trading at 97.5c at 12.45pm AEDT.

Isaac Plains was performing “above expectations” Stanmore told investors today — and would contribute to “underlying” EBITDA earnings of $130 million to $150 million this year compared to $45.6 million last year.

Baby Bunting (ASX:BBN) bucked a sombre retail environment, jumping 22 per cent today on an improved sales outlook.

The stock hit an intraday high of $2.42 before cooling to $2.21 at 12.45pm AEDT.

The retailer said EBITDA earnings for the year would be in the range of $25 million to $27 million.

That was up slightly on a forecast of $24 million to $27 million issued in August.

Total sales were up 17 per cent to November 15 — a slight bump on the 16.5 per cent figure reported after six weeks.

Comparable sales performance was running at 9.6 per cent to November 15 — down slightly on the 9.8 per cent announced in August.

The performance was encouraging given the tough times Baby Bunting — and other retailers — have faced in recent years. Even online heavyweight Kogan.com has faced recent sales pressure.

Kazakhstan Potash (ASX:KPC) got a kick today after it took control of a massive potash deposit in Kazakhstan.

The stock added 16 per cent to trade at 2.2c after the potash explorer told investors its chair and two directors had joined the board of the potash desposit’s owner Satimola Limited.

Kazakhstan Potash chair Madam Freada Cheung Kwan was appointed chair of Satimola. Terence Wong and Marco Marcou, who were previously appointed as Kazakhstan Potash representatives, joined as directors.

Four Satimola directors stepped down and Kazakhstan Potash’s directors now constitute the majority of the board.

The company made a play for Satimola in late October, offering cash of $US580,518 ($793,368) and to settle about $3.5m worth of debt.

The deal will only go ahead if Kazakhstan Potash amassed a 51 per cent stake in Satimola.

Crowd Mobile (ASX:CM8) lifted 18 per cent to 3.9c after reporting a expected 250 per cent jump in first-half revenue to $1.25 million for its recently launched media division. Total group revenue would hit $40 million.

Crowd announced last month it was one of just six Certified Partners for Snap Inc – the $12 billion owner of social media platform Snapchat.

“Crowd Media is pitching to large blue-chip companies, including a major global airline, and will keep the market informed of any material developments as they occur,” the business told investors.

Here are the best performing ASX small cap stocks at 12.15pm Monday Nov 19: 

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

ASX codeCompanyToday's price change (12.15pm AEDT)Price Nov 19 (12.15pm )VolumeMarket Cap
BDIBLINA MINERALS10.00222M4.3M
POHPHOSPHAGENICS0.50.0032M3.2M
PCLPANCONTINENTAL0.50.0032M13.5M
MOXMONAX MINING0.50.0033M1.8M
FTTFACTOR THERAPEUT0.50.00357M1.7M
LNYLANEWAY RESOURCE0.3333333333330.004400k10.6M
CHPCHAPMANS0.3333333333330.008163k1.6M
BLYBOART LONGYEAR0.3333333333330.004358k78.9M
ZYBZYBER HOLDINGS0.30.0131M6.5M
FINFIN RESOURCES0.2857142857140.018144k5.3M
WELWINCHESTER ENERG0.2580645161290.03930k8.8M
MSRMANAS RESOURCES0.250.0051M11.9M
KP2KORE POTASH0.20.1577k107.4M
CM8CROWD MOBILE0.1818181818180.039349k7.3M
SMRSTANMORE COAL0.1686746987950.97674k209.0M
SUDSUDA PHARMA0.1666666666670.0072M15.5M
IAMINTIGER GROUP0.1666666666670.01426M20.1M
KPCKAZAKHSTAN POTAS0.1578947368420.022100k29.1M
WSIWESTSTAR INDUSTR0.1538461538460.015377k6.4M
BOCBOUGAINVILLE0.1470588235290.19527k68.2M
GOOGOOROO VENTURES0.140.057150k4.3M
IVQINVITROCUE0.1285714285710.07925k36.0M
IPBIPB PETROLEUM0.1250.027180k4.8M
NESNELSON RESOURCES0.1250.183k7.3M
TSNTRANSACTION SOL0.1250.009939k17.4M
NVONVOI0.1250.009213k3.3M
BBNBABY BUNTING0.1234256926952.23272k251.0M

 

GOING DOWN

After months of ASX queries, delayed accounts and a rotating boardroom door, Chinese wellness company Traditional Therapies Clinics (ASX:TTC) has called in the administrators.

Traditional Therapies appointed two directors, Grace Xi Zhang and Tiger Yu Tang, and Pitcher Partners’ Daniel Johannes Bredenkamp and Bryan Kevin Hughes as voluntary administrators.

The company has been bedevilled by problems since September last year, when the ASX began querying whether it was having problems repatriating money from China.

Here are the worst performing ASX small cap stocks at 12.15pm Monday Nov 19: 

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

ASX codeCompanyToday's price change (12.15pm AEDT)Price Nov 19 (12.15pm )VolumeMarket Cap
IMSIMPELUS-0.40.0091M8.3M
WBEWHITEBARK ENERGY-0.250.0032M6.3M
GGXGAS2GRID-0.250.003639k4.5M
MEIMETEORIC RESOURC-0.2222222222220.0145M10.3M
IVXINVION-0.20.0268k137.3M
G88GOLDEN MILE RESO-0.20.1272k8.7M
ANLAMANI GOLD-0.20.004316k8.1M
TV2TV2U INTERNATION-0.1666666666670.0053M12.2M
AZIALTA ZINC-0.1666666666670.005300k8.2M
DTZDOTZ NANO-0.1558441558440.065477k13.9M
ESEESENSE-LAB-0.1509433962260.045419k5.3M
KKTKONEKT-0.1428571428570.244k29.5M
SPQSUPERIOR RESOURC-0.1428571428570.00686k4.8M
MTHMITHRIL RESOURCE-0.1428571428570.0062M1.4M
CMDCASSIUS MINING L-0.1379310344830.02516k7.6M
MDIMIDDLE ISLAND RE-0.1250.007109k5.6M
ADNANDROMEDA METALS-0.1250.0072M8.6M
TTWTOPTUNG-0.1224489795920.0438M10.1M
VMCVENUS METALS COR-0.1176470588240.1514k14.8M
RCLREADCLOUD-0.1159420289860.30519k30.2M
BIDBIDENERGY-0.1153846153850.115428k96.3M
PBTPRANA BIOTECHNOL-0.1136363636360.039199k23.6M
SRNSUREFIRE RESOURC-0.1111111111110.008250k4.0M
OEXOILEX-0.1111111111110.0081M21.2M
SILSMILES INCLUSIVE-0.1037735849060.47559k30.7M
SRHSAFEROADS HLDGS-0.1029411764710.30527k12.4M
DSEDROPSUITE-0.1025641025640.035255k18.7M
SYTSYNTONIC-0.10.0093M27.8M
MTMMARETERRAM-0.10.185k30.9M
GTGGENETIC TECH-0.10.009720k26.4M