Virat Kohli of India celebrates during day three of the second match in the Test series between Australia and India. Pic Getty.
Lunchtime ASX small cap wrap: who’s celebrating today
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Here are the key ASX small cap winners and losers at lunchtime on Monday, December 17:
The ASX Small Ords was up 5.8 points or 0.2 per cent to 2,516.2 at 12.30pm AEST.
GOING UP
Environment monitors Envirosuite (ASX:EVS) just produced one of the ASX’s more unique contract wins — it’s going to monitor bad smells in Kuwait.
And Envirosuite today told investors that it had secured a three-year contract for a smart city project with the Kuwait Environment Public Authority (K-EPA) to provide a “city-wide odour monitoring and management system”.
They responded in kind, sending the company’s shares up as much as 33 per cent, to 6.9c.
Shares in Flinders Mines (ASX:FMS), which is planning to delist from the ASX, rose as much as 54 per cent today, hitting an intraday high of 5.4c.
That was thanks to an announcement that company was going to buy shares back from holders who own less than 7,143 shares for 7.5c a pop.
The rollercoaster ride continued at Donaco International (ASX:DNA), with the company’s shares rising 20 per cent to an intraday high of 2c.
The company gained 116 per cent last week when it announced a strategic review, but then lost 30 per cent on Friday.
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Equus Mining (ASX:EQE) might be in for a speeding ticket from the ASX, as its shares rose 43 per cent to an intraday high of 2c today on the back of no news.
Equus shares closed at 1.4c on Friday but shot up before lunch today. The company has had no price-sensitive news out since the resignation of its managing director over a month ago.
Here are the best performing ASX small cap stocks at 12.30pm Monday December 17:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX Code | Name | Intraday price change | Price 12:30pm | Volume | Market cap |
|---|---|---|---|---|---|
| FMS | Flinders Mines | 46% | 5.1c | 3,217,407 | $122m |
| EQE | Equus Mining | 43% | 2c | 357,000 | $12.2m |
| AUL | Austar Gold | 33% | 0.4c | 150,000 | $10.2m |
| CGN | Crater Gold Mining | 33% | 1.6c | 7,854 | $3.4m |
| BLY | Boart Longyear | 33% | 0.4c | 20,370,966 | $78.9m |
| AUH | Austchina Holdings | 33% | 0.4c | 150,000 | $3.4m |
| CCE | Carnegie Clean Energy | 25% | 0.5c | 201,808 | $11.5m |
| FRX | Flexiroam | 23% | 5.4c | 11,407 | $9.8m |
| ABR | American Pacific Borate & Lithium | 21% | 20c | 167,921 | $21.8m |
| CXZ | Connexion Media | 20% | 1.2c | 9,756,543 | $8.4m |
GOING DOWN
IAB Holdings (ASX:IAB), the company name for one-time diversified telco that is now a shell, fell 30 per cent to an intraday low of 70c.
This comes after fellow telco MNF Group (ASX:MNF), which owns MyNetFone, bought it out.
Here are the worst performing ASX small cap stocks at 12.30pm Monday December 17:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX Code | Name | Intraday price change | Price 12:30pm | Volume | Market cap |
|---|---|---|---|---|---|
| BPH | BPH Energy | -0.5 | 0.1c | 2,134,000 | $2.4m |
| AKN | Auking Mining | -0.33 | 0.2c | 10,000 | $2.8m |
| IAB | IAB Holdings | -0.3 | 70.5c | 5,124 | $23.9m |
| EGL | Environmental Group | -0.27 | 3.5c | 310,000 | $10.4m |
| ICG | Inca Minerals | -0.25 | 0.3c | 92,179 | $11.9m |
| VAL | Valor Resources | -0.25 | 0.3c | 4,510,000 | $7.6m |
| IVO | Invigor Group | -0.2 | 0.4c | 5,446,769 | $10m |
| IGE | Integrated Green Energy Solutions | -0.18 | 27.5c | 32,318 | $49.5m |
| SOR | Strategic Elements | -0.18 | 3.7c | 378,044 | $11.1m |
| SDV | Scidev | -0.18 | 6.5c | 89,942 | $5m |
