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Here are the key ASX small cap winners and losers at lunch Tuesday October 16:

The ASX Small Ords was up 0.4 per cent or 11 points to 2,680 by 1pm AEST.

GOING UP

There were extraordinary scenes today as HIV fighter Biotron took investors on a wild rollercoaster ride — soaring 70 per cent to 44.5c before plummeting back to 22.5c — below yesterday’s close of 26c.

More than $32 million worth of shares changed hands this morning — though trade was very volatile and the stock rose and fell sharply.

The shares hit 44.5c just before 10.30am AEST — up more than 2000 per cent since closing at 1.9c on September 27.

But an hour later they had dropped back to around 27c amid extremely volatile trading. By 12.40pm the stock was in the red at 22.5c as investors rushed for the exit.

The Sydney-based small cap has experienced one of the year’s most extraordinary runs after two weeks ago announcing positive trial results for its HIV treatment.

Elsewhere pot stock eSense Labs (ASX:ESE) jumped 75 per cent to 6.5c in early Tuesday trade as it gained a UK customer — while also admitting two other deals faced trouble.

Today eSense Labs said a UK company — which it won’t name — has been testing its synthetic cannabis food additives for the last six months and has ordered seven litres of a lemon strain for a food additive pilot.

The UK deal is exactly the relief investors were looking for after a challenging year including boardroom stoushes.

The shares jumped 73 per cent to 6.5c early Tuesday before going into a trading halt. That’s well down from a one-year high of 44.5c.

Israel-based eSense makes cannabis “terpene” formulations. Terpenes are fragrant oils found in plants that carry flavour and aroma.

Fellow cannabis play MGC Pharma (ASX:MXC) has carried on its merry way after last Thursday’s announcement that its CannEpil treatment for drug-resistant epilepsy can now be prescribed in Australia.

The stock jumped from 5.1c to 6.7c after the announcement — and today was up another 17 per cent to 7.4c.

CannEpil has undergone years of testing and now has approval from the Therapeutic Goods Administration (TGA) which will make the product available in Australia through specialist prescribers.

Here are the best performing ASX small cap stocks at 12.30pm Tuesday Oct 16:

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

ASX codeCompanyPrice change today (12.30pm)Price (12.30pm)VolumeMarket Cap
ESEESENSE-LAB0.7567567567570.06575k3.0M
ANPANTISENSE THERAP0.6470588235290.028128k6.3M
XPEXPED0.50.0031M3.8M
ROGRED SKY ENERGY L0.50.003420k2.1M
QGLQUANTUM GRAPHITE0.50.00310M18.7M
PCLPANCONTINENTAL0.50.0037M10.8M
NIUNIUMINCO GROUP L0.50.00310M6.8M
MRDMOUNT RIDLEY MIN0.50.003700k3.8M
MOXMONAX MINING0.50.0032M1.8M
MNCMETMINCO0.3333333333330.004250k3.1M
DEVDEVEX RESOURCES0.3333333333330.0046M3.3M
DDD3D RESOURCES0.3333333333330.00433k2.7M
ABVADVANCED BRAKING0.3333333333330.0044M8.9M
AQXALICE QUEEN0.2857142857140.01813k7.2M
NCRNUCOAL RESOURCES0.2666666666670.0191M11.5M
TOMTOMIZONE0.250.012M3.4M
SUDSUDA PHARMACEUTI0.250.0057M10.3M
BLYBOART LONGYEAR L0.250.0051M118.3M
CMDCASSIUS MINING L0.2083333333330.02944k6.3M
SPXSPECTRUM METALS0.20.006501k4.3M
SDLSUNDANCE RESOURC0.20.0065M45.7M
IVOINVIGOR GROUP0.20.0067M8.2M
ALTANALYTICA0.20.006100k18.4M
DGRDGR GLOBAL0.20.1517k76.6M
SEISPECIALITY METAL0.1818181818180.0134M6.1M
GOOGOOROO VENTURES0.1754385964910.06741k4.9M
SVLSILVER MINES0.1666666666670.0358M19.0M
ESRESTRELLA RESOURC0.1666666666670.02180k8.9M
RD1REGISTRY DIRECT0.1666666666670.02832k3.1M
FPLFREMONT PETROLEU0.1666666666670.007791k5.2M

 

GOING DOWN

White Cliff Minerals (ASX:WCN) fell 30 per cent to 1.7c after announcing a shareholder rights issue to raise up to $2.3 milion.

The offer is priced at 1.5c — a discount of 40 per cent to the previous closing price of 2.5c.

The money will go towards developing a gold deposit and defining a cobalt and nickel resource.

Here are the worst performing ASX small cap stocks at 12.30pm Tuesday October 16:

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

ASX codeCompanyPrice change today (12.30pm)Price (12.30pm)VolumeMarket Cap
BPHBPH ENERGY-0.50.0011M1.6M
BDIBLINA MINERALS N-0.50.0014M6.5M
BUYBOUNTY OIL & GAS-0.3333333333330.004500k5.7M
SPBSOUTH PACIFIC RE-0.2857142857140.005300k1.2M
WCNWHITE CLIFF MINE-0.250.018423k1.8M
LCYLEGACY IRON ORE-0.250.0032M5.9M
GMEGME RESOURCES-0.20.09214k55.4M
ZMIZINC OF IRELAND-0.20.0043M9.7M
EEREAST ENERGY RESO-0.20.004278k16.0M
SBRSABRE RES-0.1818181818180.009320k4.5M
RLCREEDY LAGOON-0.1818181818180.0091M4.4M
GEDGOLDEN DEEPS-0.1750.033465k6.9M
EDEEDEN INNOVATIONS-0.1750.09956M182.6M
PMYPACIFICO MINERAL-0.1666666666670.005731k7.6M
3DPPOINTERRA-0.1428571428570.03271k17.3M
HAWHAWTHORN RESOURC-0.1428571428570.042152k15.7M
ADNANDROMEDA METALS-0.1428571428570.006994k7.6M
TASTASMAN RESOURCES-0.1414141414140.0858M48.9M
NWFNEWFIELD RESOURC-0.1333333333330.13109k87.2M
TV2TV2U INTERNATION-0.1250.0072M16.3M
THXTHUNDELARRA-0.1250.014225k10.2M
PNNPEPINNINI LITHIU-0.1250.0073M5.1M
ZIPZIPTEL-0.1176470588240.015393k2.5M
OOKOOKAMI-0.1176470588240.015451k5.6M
DN8DREAMSCAPE NETWO-0.1153846153850.11536k50.6M
ENAENSURANCE-0.1142857142860.031176k12.1M
ARSALT RESOURCES-0.1142857142860.031440k6.9M
MKGMAKO GOLD-0.1111111111110.123k8.5M
TPSTHREAT PROTECT A-0.1111111111110.1675k22.7M
OXXOCTANEX-0.1111111111110.008150k2.5M