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Lunchtime ASX small cap wrap: who’s considering a spinout today?

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Here’s all your small cap winners and losers up to lunch, but first – an analyst believes YouTube is worth $300 billion as a standalone company, despite being a loss-maker (probably) for the $US900 billion ($1.3 billion) market cap Alphabet right now.

As a $300 billion standalone company, YouTube would be one of the 15 biggest on the S&P 500 – with a market value greater than Exxon Mobil ($US289 billion) or Bank of America ($US291 billion), says cnbc.

And it would be a great return for Google, which snapped up the video sharing platform for just $1.65 billion in 2006.

Today, the ASX Small Ords was down 10.8 points (or 0.37 per cent) to 2874.8 points by lunchtime. Over the past 12 months the index — which is the benchmark for small (ish) cap performance — is up almost 18.5 per cent.

Check it out:

Here are the key ASX small cap winners and losers at lunchtime on Tuesday October 30:

GOING UP

Chase Mining (ASX:CML) shares spiked over 70 per cent this morning on news it had hit wide massive sulphide zones of nickel and copper at its Alotta prospect, just 32m from surface.

South African based Universal Coal (ASX:UNV) was up ~16 per cent after $190m market cap miner Terracom (ASX:TER)  purchased 19.9 per cent of the company for $34.6m.

And AJ Lucas (ASX:AJL) says early flow test data from shale gas explorer Cuadrilla in Lancashire is “very encouraging”, which sent the stock up about 14 per cent in morning trade.

“Once separated out at surface from any accompanying water this gas could, we believe, flow directly into the UK’s extensive onshore gas transportation network without requiring additional treatment or processing,” Cuadrilla chief executive officer Francis Egan says.

AJ Lucas holds 47.68 per cent of Cuadrilla.

Here are the best performing ASX small cap stocks at lunchtime:

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

Ticker Name Share Price % Chg
ECT Environmental Clean Technologies 0.0015 +50.00%
CML Chase Mining 0.04 +40.74%
MPR MPower Group 0.03 +25.00%
AJL AJ Lucas Group 0.13 +25.00%
UUV UUV Aquabotix 0.005 +25.00%
WRM White Rock Minerals 0.005 +25.00%
FPL Fremont Petroleum 0.01 +21.43%
ROG Red Sky Energy 0.003 +20.00%
WCN White Cliff Minerals 0.01 +20.00%
INV Investsmart Group 0.12 +20.00%
AEV Avenira 0.02 +18.75%
OKU Oklo Resources 0.14 +16.67%
AFR African Energy Resources 0.01 +16.67%
DW8 Digital Wine Ventures 0.01 +16.67%
MDI Middle Island Resources 0.01 +16.67%
PGM Platina Resources 0.02 +15.79%
TOE Toro Energy 0.01 +15.38%
IGN Ignite 0.02 +15.00%
GMR Golden Rim Resources 0.02 +14.29%
CP1 CannPal Animal Therapeutics 0.13 +13.64%
GMA Genworth Mortgage Insurance 4.06 +13.41%
CEL Challenger Exploration 0.07 +13.33%
KOR Korab Resources 0.02 +13.33%
UNV Universal Coal 0.25 +13.33%
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GOING DOWN

Here are the worst performing ASX small cap stocks at lunchtime:

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

Ticker Name Price % Chg
SUR Sun Resources 0.002 -33.33%
QGL Quantum Graphite 0.002 -33.33%
AJJ Asian American Medical Group 0.04 -27.27%
GBZ GBM Resources 0.003 -25.00%
CIO Connected IO 0.003 -25.00%
CGC Costa Group 2.6 -24.86%
VAL Valor Resources 0.004 -20.00%
RNX Renegade Exploration 0.002 -20.00%
ICG Inca Minerals 0.002 -20.00%
DTR Dateline Resources 0.005 -20.00%
IOD IODM 0.002 -18.37%
DTM Dart Mining 0.005 -16.67%
GTR GTI Resources 0.01 -15.38%
PRZ Parazero 0.07 -14.63%
NCR NuCoal Resources 0.02 -14.29%
WSI Weststar Industrial 0.02 -14.29%
TMX Terrain Minerals 0.003 -14.29%
IBG Ironbark Zinc 0.01 -13.33%
QHL Quickstep Holdings 0.14 -12.50%
OSL OncoSil Medical 0.11 -12.50%
LIO Lion Energy 0.02 -12.00%
AMG Ausmex Mining Group 0.1 -11.82%
PDZ Prairie Mining 0.24 -11.11%
TSC Twenty Seven Co 0 -11.11%
SRN Surefire Resources 0.01 -11.11%
DAU Dampier Gold 0.02 -11.11%
AUT Auteco Minerals 0.01 -11.11%
HIP Hipo Resources 0.02 -10.53%
INP IncentiaPay 0.03 -10.34%
RFN Reffind 0 -10.00%
PDI Predictive Discovery 0.01 -10.00%
MRR Minrex Resources 0.01 -10.00%
GPP Greenpower Energy 0.01 -10.00%
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