Lunchtime ASX small cap wrap: who’s getting baked for a living today?
This is a real job ad – getting paid $US3,000 ($4,400) a month to review cannabis products full time from the comfort of your own home.
New York-based company American Marijuana reviews and tests “every single CBD product on the market, so you don’t have to”.
Every month, the lucky job applicant (US or Canada based, sorry) will be shipped care packages containing weed strains, vapes, edibles and CBD oils for review.
“If you think you got the guts to smoke weed every day (*plays Snoop Dogg song*) and get paid doing it, you might just be the guy we need,” says the ad.
Following a strong run over the preceding three months, the ASX Small Ords – which measures the health of the smaller end of the market – has been stoned on the couch for much of November:
Today, the index was down a marginal 0.69 per cent to 2904.8 points in morning trade.
Leading the leaders is lithium microcap MetalsTech (ASX:MTC), which leapt 250 per cent after announcing plans to (potentially) acquire the 1.1-million-ounce Sturec gold project in Slovakia.
Oklo Resources (ASX:OKU) was up over 30 per cent in morning trade after returning a top hit of 47m at 10.97 grams per tonne (g/t) gold at its Dandoko project in west Mali – just 47m from surface. That’s insane.
And Latin Resources (ASX:LRS) got a nice 25 per cent bump on positive initial assay results from its Noombenberry halloysite project near Perth.
Halloysite-kaolin is a special type of aluminous clay which has myriad uses, like creating high purity alumina (HPA).
Here are the best performing ASX small cap stocks at 11.45am Wednesday November 20:
Here are the worst performing ASX small cap stocks at 11.45am Wednesday November 20: