Here are the key ASX small cap winners and losers at lunch Tuesday December 4:

The ASX Small Ords dipped slightly, by 27 points — or 1.01  per cent — to 2,614.40 at 12:15pm AEST.

 

WINNERS

Plant-free fabric maker Nanollose has debuted the world’s first piece of clothing made from coconut waste — and investors applauded the effort, propelling shares up over 70 per cent to an intra-day high of 12c on Tuesday.

The knitted sweater was made using Nanollose’s (ASX:NC6) eco-friendly Tree-Free Rayon fibre called “Nullarbor”.

Nanollose told investors it was the first of its kind and marked a breakthrough for an industry that is urgently seeking sustainable alternatives to clothing made from traditional rayon and cotton, both of which cause significant environmental issues.

Mining services group Weststar Industrial (ASX:WSI) was up 31 per cent to 1.7c, on news that its engineering business SIMPEC had a $4m contract with major iron ore miner Rio Tinto in the Pilbara.

Weststar now has contracts in the pipeline worth a total of $17m.

Junior miner Red 5 (ASX:RED) got a nice 15 per cent share price bump to 8c after it unveiled a “game-changing” initial 1.8 million ounce gold resource — which will probably get bigger — next to existing mining areas at its “King of the Hills” operation in WA.

Red 5 told investors it is now looking at a standalone bulk underground and open pit operation which could provide “easier-to-mine ounces and lower per tonne mining costs”.

 

ASX Code Name Intraday price change Price 12.15pm AEST Tues Volume
NIU Niuminco Group +100.00% 0.002 200.0k
GLA Gladiator Resources +50.00% 0.003 600.0k
NWE Norwest Energy +50.00% 0.003 12.6k
EM1 Emerge Gaming +42.86% 0.01 44.0M
DTR Dateline Resources +37.61% 0.003 2.0M
AUT Auteco Minerals +33.33% 0.004 13.7M
EPM Eclipse Uranium +33.33% 0.004 2.5M
DTI DTI Group +28.57% 0.055 3.0M
OGX Orinoco Gold +25.00% 0.01 13.4M
MAG Magmatic Resources +25.00% 0.025 166.1k
BUY Bounty Oil & Gas +25.00% 0.005 100.0k
OVL Oro Verde +25.00% 0.005 669.9k
PCL Pancontinental Oil & Gas +25.00% 0.0025 3.6M
QGL Quantum Graphite +25.00% 0.0025 1.0M
WSI Weststar Industrial +23.08% 0.02 6.8M
FEL Fe +21.43% 0.02 440.0k
FE8 Faster Enterprises +21.05% 0.02 30.0k
IVO Invigor Group +20.00% 0.01 10.0M
GAL Galileo Mining +20.00% 0.18 106.7k
KRX Koppar Resources +18.75% 0.19 65.7k
GTE Great Western Exploration +16.67% 0.01 127.6k
SUD Suda Pharmaceuticals +16.67% 0.01 603.7k
WHK WhiteHawk +16.00% 0.06 1.5M

LOSERS

After receiving a speeding ticket from the ASX yesterday for an unexplained share price increase — from 8.1c to a high of 13.15c — gold miner Gascoyne Resources (ASX:GCY) has dropped back 16pc today to 10.5c.

Again, on no news.

 

ASX Code Name Intraday price change Price 12.15pm AEST Tues Volume
CHP Chapmans -33.33% 0.004 523.3k
EMP Emperor Energy -25.00% 0.003 333.3k
BLY Boart Longyear -25.00% 0.003 5.5M
AWV Anova Metals -23.08% 0.003 2.8M
PWN Parkway Minerals -22.22% 0.007 1.0M
LMG Latrobe Magnesium -22.22% 0.007 57.1k
BNR Bulletin Resources -20.59% 0.027 141.5k
AGH Althea Group Holdings -18.46% 0.26 3.1M
SI6 Six Sigma Metals -16.67% 0.006 100.0k
FTT Factor Therapeutics -16.67% 0.003 750.0k
AZI Alta Zinc -16.67% 0.006 664.2k
ARN Aldoro Resources -16.67% 0.15 20.0k
MTC MetalsTech -14.29% 0.03 120.0k
TTW TopTung -14.29% 0.03 483.7k
TSN Transaction Solutions Internat -12.50% 0.007 621.7k
ALY Alchemy Resources -12.50% 0.014 976.3k