We’ve almost reached the end of March, and what a long year month it’s been.

In most major economies, the health-crisis component of the COVID-19 pandemic is still escalating. And until that trend 1. slows 2. pauses and 3. reverses, it’s a good bet that everyone’s in lockdown until further notice.

With everyone confined to their house, social media provided an inside scoop on what the evil toilet paper hoarders have been up to:


And while the number of positive test cases are increasing, the number of optimistic assessments about the long-term impact on the global economy appear to be decreasing.

As a general rule, double-digit economic contractions aren’t positively correlated with strong company earnings and rising stock prices.

But amid the uncertainty, local markets have made a tentatively positive start to the week this morning.

Heading into midday trade, the ASX200 was up by around 1.4 per cent after tanking into the close on Friday to finish over 5 per cent lower.

The broader Small Ords index was a bit more cautious, treading water to be 0.14 per cent lower.



Here are the best performing ASX small cap stocks at 12pm Monday March 30:

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

CDY Cellmid 0.275 177.78% $27.1M
AYR Alloy Resources Ltd 0.002 100.00% $2.3M
MGT Magnetite Mines 0.002 100.00% $965K
GNX Genex Power Ltd 0.145 64.77% $58.3M
CE1 Calima Energy 0.003 50.00% $6.5M
ARO Astro Resources NL 0.003 50.00% $3.8M
DCL Domacom Australia 0.03 50.00% $7.4M
CLZ Classic Minerals Ltd 0.002 50.00% $7.4M
LRS Latin Resources Ltd 0.003 50.00% $1.1M
NXE New Energy Minerals 0.007 40.00% $1.2M
MEB Medibio Ltd 0.007 40.00% $7.0M
RAP Resapp Health 0.195 39.29% $141.6M
DTS Dragontail Systems 0.135 35.00% $33.6M
ECS ECS Botanics Holdings 0.026 30.00% $13.2M
RMP Red Emperor Resources 0.009 28.57% $4.7M
HMD HeraMED 0.15 25.00% $15.6M
REX Regional Express Holdings 0.66 23.36% $71.6M
CXL Calix 0.78 22.83% $115.0M
TNY Tinybeans Group 0.955 17.18% $43.1M
LCL Los Cerros 0.023 21.05% $4.6M
TNT Tesserent 0.042 20.00% $19.6M
MCA Murray Cod AU 0.12 20.00% $67.2M
ESH Esports Mogul Asia Pacific Ltd 0.006 20.00% $10.2M
Wordpress Table Plugin


Cellmid (ASX: CDY)

The life sciences company had some COVID-19 news that made it through the ASX’s stricter testing measures, and the stock soared.

Cellmid announced it had signed a supply agreement for a rapid COVID-19 diagnostic kit that can get results in no more than 15 minutes.

The kit is made by a Chinese manufacturer which has approval with Australia’s health regulator, the Therapeutic Goods Administration. Shares in Cellmid ripped higher by almost 200 per cent in morning trade.



Here are the worst performing ASX small cap stocks at 12pm Monday March 30:

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

DCG Decmil Group 0.086 -78.90% $98.1M
IQ3 iQ3Corp Ltd 0.11 -38.89% $11.4M
FXL Flexiroam Ltd 0.015 -37.50% $213.0M
GRV Greenvale Energy 0.011 -35.29% $1.2M
CIO Connected IO 0.002 -33.33% $4.8M
ADX Adx Energy Ltd 0.004 -33.33% $6.8M
RIM Rimfire Pacific Mining NL 0.002 -33.33% $4.5M
FGO Flamingo 0.001 -33.33% $1.1M
OAR Oakdale Resources Ltd 0.002 -33.33% $1.7M
DDD 3D Resources Ltd 0.001 -33.33% $1.4M
ERL Empire Resources Ltd 0.006 -25.00% $6.4M
DAV Davenport Resources 0.03 -25.00% $6.7M
WRM White Rock Minerals Ltd 0.003 -25.00% $7.5M
CWX Carawine Resources 0.15 -25.00% $15.5M
BXN Bioxyne Ltd 0.007 -22.22% $5.8M
BAR Barra Resources Ltd 0.011 -21.43% $8.4M
BIQ BuildingIQ Inc 0.004 -20.00% $1.9M
RED Red 5 0.19 -19.15% $292.6M
EGR Ecograf 0.04 -16.67% $12.3M
CXM Centrex Metals 0.025 -16.67% $7.9M
9SP 9 Spokes Intl 0.01 -16.67% $12.2M
AMB Ambition Group Ltd 0.05 -16.67% $3.4M
IPT Impact Minerals Ltd 0.005 -16.67% $7.8M
FFC FarmaForce Ltd 0.075 -16.67% $9.7M
Wordpress Table Plugin


Decmil Group (ASX:DCG)

The construction and engineering group rejoined the ASX boards after more than a month on the sidelines in a self-imposed suspension.

Decmil released its half-year results to the market on Friday and recommenced trading today. Heading into midday trade, the stock price had fallen by around 80 per cent.