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: 

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ASX code Company Today's price change (12.15pm AEDT) Price Nov 19 (12.15pm ) Volume Market Cap
BDI BLINA MINERALS 1 0.002 22M 4.3M
POH PHOSPHAGENICS 0.5 0.003 2M 3.2M
PCL PANCONTINENTAL 0.5 0.003 2M 13.5M
MOX MONAX MINING 0.5 0.003 3M 1.8M
FTT FACTOR THERAPEUT 0.5 0.003 57M 1.7M
LNY LANEWAY RESOURCE 0.333333333333 0.004 400k 10.6M
CHP CHAPMANS 0.333333333333 0.008 163k 1.6M
BLY BOART LONGYEAR 0.333333333333 0.004 358k 78.9M
ZYB ZYBER HOLDINGS 0.3 0.013 1M 6.5M
FIN FIN RESOURCES 0.285714285714 0.018 144k 5.3M
WEL WINCHESTER ENERG 0.258064516129 0.039 30k 8.8M
MSR MANAS RESOURCES 0.25 0.005 1M 11.9M
KP2 KORE POTASH 0.2 0.15 77k 107.4M
CM8 CROWD MOBILE 0.181818181818 0.039 349k 7.3M
SMR STANMORE COAL 0.168674698795 0.97 674k 209.0M
SUD SUDA PHARMA 0.166666666667 0.007 2M 15.5M
IAM INTIGER GROUP 0.166666666667 0.014 26M 20.1M
KPC KAZAKHSTAN POTAS 0.157894736842 0.022 100k 29.1M
WSI WESTSTAR INDUSTR 0.153846153846 0.015 377k 6.4M
BOC BOUGAINVILLE 0.147058823529 0.195 27k 68.2M
GOO GOOROO VENTURES 0.14 0.057 150k 4.3M
IVQ INVITROCUE 0.128571428571 0.079 25k 36.0M
IPB IPB PETROLEUM 0.125 0.027 180k 4.8M
NES NELSON RESOURCES 0.125 0.18 3k 7.3M
TSN TRANSACTION SOL 0.125 0.009 939k 17.4M
NVO NVOI 0.125 0.009 213k 3.3M
BBN BABY BUNTING 0.123425692695 2.23 272k 251.0M

 

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: 

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ASX code Company Today's price change (12.15pm AEDT) Price Nov 19 (12.15pm ) Volume Market Cap
IMS IMPELUS -0.4 0.009 1M 8.3M
WBE WHITEBARK ENERGY -0.25 0.003 2M 6.3M
GGX GAS2GRID -0.25 0.003 639k 4.5M
MEI METEORIC RESOURC -0.222222222222 0.014 5M 10.3M
IVX INVION -0.2 0.02 68k 137.3M
G88 GOLDEN MILE RESO -0.2 0.12 72k 8.7M
ANL AMANI GOLD -0.2 0.004 316k 8.1M
TV2 TV2U INTERNATION -0.166666666667 0.005 3M 12.2M
AZI ALTA ZINC -0.166666666667 0.005 300k 8.2M
DTZ DOTZ NANO -0.155844155844 0.065 477k 13.9M
ESE ESENSE-LAB -0.150943396226 0.045 419k 5.3M
KKT KONEKT -0.142857142857 0.24 4k 29.5M
SPQ SUPERIOR RESOURC -0.142857142857 0.006 86k 4.8M
MTH MITHRIL RESOURCE -0.142857142857 0.006 2M 1.4M
CMD CASSIUS MINING L -0.137931034483 0.025 16k 7.6M
MDI MIDDLE ISLAND RE -0.125 0.007 109k 5.6M
ADN ANDROMEDA METALS -0.125 0.007 2M 8.6M
TTW TOPTUNG -0.122448979592 0.043 8M 10.1M
VMC VENUS METALS COR -0.117647058824 0.15 14k 14.8M
RCL READCLOUD -0.115942028986 0.305 19k 30.2M
BID BIDENERGY -0.115384615385 0.115 428k 96.3M
PBT PRANA BIOTECHNOL -0.113636363636 0.039 199k 23.6M
SRN SUREFIRE RESOURC -0.111111111111 0.008 250k 4.0M
OEX OILEX -0.111111111111 0.008 1M 21.2M
SIL SMILES INCLUSIVE -0.103773584906 0.475 59k 30.7M
SRH SAFEROADS HLDGS -0.102941176471 0.305 27k 12.4M
DSE DROPSUITE -0.102564102564 0.035 255k 18.7M
SYT SYNTONIC -0.1 0.009 3M 27.8M
MTM MARETERRAM -0.1 0.18 5k 30.9M
GTG GENETIC TECH -0.1 0.009 720k 26.4M