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Lunchtime ASX small cap wrap: Who’s floating in crap today?

Pic: d3sign / Moment via Getty Images

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All toilets aboard the International Space Station have broken down at the same time, giving the expression ‘waste of space’ a whole new meaning.

The solution? Raid the emergency adult diaper stash until everything is up and flushing again.

Also, calling them “space diapers” doesn’t make it any cooler:

There’s nothing crap about the local bourse this morning. The ASX200 has hit fresh historic highs, up 21.4 points to 6885.4, while the ASX Small Ords increased 9.8 points to 2930.5 in morning trade.

Here’s how the Small Ords has performed over the past 12 months:

GOING UP

Vonex (ASX:VN8) +48%

Telecommunications small cap Vonex will acquire Brisbane-based 2SG Wholesale for about $2.66m.

2SG Wholesale is a fellow telecommunications and data wholesaler which made $7m in revenues for FY19 — with income from mobile broadband a key growth driver, Vonex says.

READ: This sector is so boring you’ve probably never even thought about investing in it

 

1414 Degrees (ASX:14D) +45%

Another acquisition, this time from Adelaide-based energy storage innovator 1414 Degrees.

The company is going to shell out $2m for SolarReserve Australia II, which owns the Aurora solar project near Port Augusta in South Australia and two solar sites in NSW.

The Aurora project has state government development approval for a 70MW solar farm and 150MW of generation from a concentrated solar thermal plant (CST).

1414 Degrees proposes to use the site to pilot its own TESS-GRID technology.

They reckon it will look something like this:

READ: Could thermal batteries steal market share from lithium-ion?

 

Roto-Gro (ASX:RGI) +18%

Ag-tech Roto-Gro gave its shareholders a double-barrel shot of exciting news this morning.

One — it expects to form a joint venture with organic produce grower Sydney-based Freshero by the end of this year.

Two – it has signed a term sheet with a Thai company to develop a cannabis plant using Roto-Gro’s vertical farming systems.

Cannabis is not yet legal in Thailand, although health minister Autin Charnivirakul foreshadowed legalisation earlier this month.

Here are the best performing ASX small cap stocks at 12pm on Friday, November 29:

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

Code Name Price % Chg Market Cap
APG Austpac Resources 0.002 +100.00% $5.8M
BAS Bass Oil 0.003 +50.00% $10.0M
VN8 Vonex 0.14 +47.96% $21.7M
14D 1414 Degrees 0.24 +45.45% $39.7M
E2E Eon NRG 0.007 +40.00% $5.4M
BLT Benitec Biopharma 0.04 +36.67% $13.6M
PCL Pancontinental Oil & Gas 0.002 +33.33% $10.8M
MTC MetalsTech 0.05 +29.27% $5.7M
IVX Invion 0.02 +29.17% $85.3M
LHM Land & Homes Group 0.009 +28.57% $9.4M
SUP Superior Lake Resources 0.014 +27.27% $15.1M
VOR Vortiv 0.01 +25.00% $27.9M
ANW Aus Tin Mining 0.0025 +25.00% $5.1M
SRN Surefire Resources 0.0025 +25.00% $1.6M
WRM White Rock Minerals 0.005 +25.00% $9.2M
PKD Parkd 0.08 +23.88% $6.2M
RGI Roto-Gro International 0.16 +18.52% $20.8M
GID GI Dynamics 0.02 +17.65% $36.5M
CR1 Constellation Resources 0.24 +17.07% $8.4M
ADN Andromeda Metals 0.05 +17.07% $67.9M
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GOING DOWN

Here are the worst performing ASX small cap stocks at 12pm on Friday, November 29:

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

Code Name Price % Chg Market Cap
SUR Sun Resources 0.001 -33.33% $1.3M
MLS Metals Australia 0.0015 -25.00% $4.8M
EPM Eclipse Uranium 0.003 -25.00% $3.7M
ADV Ardiden 0.003 -25.00% $5.1M
SHE Stonehorse Energy 0.007 -22.22% $2.8M
TYX Tyranna Resources 0.004 -20.00% $4.4M
DTM Dart Mining 0.004 -20.00% $4.3M
AL8 Alderan Resources 0.03 -19.44% $5.2M
WWI West Wits Mining 0.005 -16.67% $4.6M
RAG Ragnar Metals 0.005 -16.67% $1.6M
IVT Inventis 0.005 -16.67% $3.7M
BEE Broo 0.02 -14.29% $10.9M
VAL Valor Resources 0.003 -14.29% $5.7M
FTT Factor Therapeutics 0.003 -14.29% $3.1M
PEN Peninsula Energy 0.18 -14.29% $45.6M
YPB YPB Group 0.007 -12.50% $10.5M
NOR Norwood Systems 0.0035 -12.50% $7.6M
HWK Hawkstone Mining 0.007 -12.50% $5.7M
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