Here are the key ASX small cap winners and losers at lunch Monday December 3:

The ASX Small Ords was up 60 points — or 2.35  per cent — to 2,634.40 at 12:15pm AEST.

 

WINNERS

Health tech small cap Resonance Health (ASX:RHT) was up over 133 per cent after the company got the green light to market its FerriSmart product for commercial distribution in the US.

The intraday 5.7c share price was at its highest point since mid 2014.

Resonance’s FerriSmart tech automatically analyses MRI images to return a liver iron concentration result within seconds, the company says.

The company already has approvals  to market the device in Australia and Europe.

Sacgasco (ASX:SGC) has picked up a gas project in California’s largest gas field and it didn’t cost a cent.

The news sent Sagasco’s shares – which have been trending down this year — up 10 per cent to 3.2c on Monday morning.

Not only did Sacgasco not have to pay anything for the acquisition, but the vendors will pay the junior gas explorer $US100,000 ($135,678) as a contribution to future abandonment costs for the acquired wells.

And micro cap explorer Laneway Resources (ASX:LNY) jumped more than 33 per cent to 0.4c  in morning trade after executing a native title agreement over its pending Agate gold mine mining lease in Queensland.

ASX Code Name Intraday price change Price 12.15pm AEST Thu Volume
RHT RESONANCE HEALTH 0.58 0.041 18M
DDT DATADOT TECHNOLO 0.5 0.003 325k
AQS AQUIS ENTERTAINM 0.45 0.029 110k
AHN ATHENA RESOURCES 0.33 0.02 408k
LNY LANEWAY RESOURCE 0.33 0.004 3M
EM1 EMERGE GAMING LT 0.33 0.008 7M
ENT ENTERPRISE METAL 0.3 0.013 100k
ICG INCA MINERALS LT 0.25 0.005 2M
BKP BARAKA ENERGY AN 0.25 0.005 880k
AYR ALLOY RESOURCES 0.25 0.005 150k

 

LOSERS

Nanoveu officially joined the ASX on Friday and its shares haven’t stopped falling since.

The company (ASX:NVU) has been working for more than five years on high-tech mobile phone screen protectors that allow users to view 3D images, videos and games.

Investors dumped it on Monday morning, sending the stock down 25 per cent on Monday morning to 10c.

It raised IPO money at 20c.

A-Cap Energy (ASX:ACB) – formerly A-Cap Resources – was down almost 17 per cent to 4c this morning on no news.

The battery metals explorer told investors Friday that completion of its Wilconi cobalt and nickel project JV deal with producer Blackham Resources (ASX:BLK) would be extended until December 13 to “satisfy the conditions precedent”.

ASX Code Name Intraday price change Price 12.15pm AEST Thu Volume
LKO LAKES OIL NL -0.5 0.001 200k
IOT IOT GROUP LTD -0.5 0.001 2M
NME NEX METALS EXPLO -0.38 0.01 36k
SRO SHAREROOT LTD -0.33 0.002 2M
RNX RENEGADE EXPLORA -0.25 0.003 191k
NVU NANOVEU LTD -0.24 0.099 3M
GIB GIBB RIVER DIAMO -0.21 0.054 15k
PM8 PENSANA METALS L -0.15 0.017 1M
SPQ SUPERIOR RESOURC -0.14 0.006 389k
SER STRATEGIC ENERGY -0.14 0.006 15M