UFC fighter Conor McGregor was arrested in Miami last night and held on $US12,500 bail, after slapping a man’s phone out of his hands before stomping on it.

Things were a little less dramatic on the ASX Small Ordinaries index (ASXO) this morning, which was trading almost flat at midday with a 0.02 per cent gain to 2770.4.

Here are the big movers among small cap stocks for today, March 12:

WINNERS

Gold/copper explorer Encounter Resources (ASX: ENR) jumped more than 20 per cent after announcing the expansion of their joint venture projects in Western Australia.

Investors are also getting excited about Tietto Minerals (ASX: TIE), which spiked more than 30 per cent after announcing more high-grade gold discoveries at its project in Côte d’Ivoire, West Africa.

And Parkd (ASX: PKD) rose by 20 per cent in morning trade after a Perth Subaru dealership agreed to pay $690,000 for a 49-bay carpark built by Parkd last year.

Also of note, Payment transfer platform InPayTech (ASX: IP1) jumped sharply after announcing the cannibalisation of one its products.

The company has cancelled its Bill Exchange offering — used to support payments in the real estate industry — “effective immediately”.

Enter PayVu, which “makes Bill Exchange redundant as PayVu can be used for all business payments and delivers greater security and automation”, InPayTech said. Its shares jumped by more than 60 per cent to 3.4 cents, after a sharp fall in February.

And gains were led by the tiny Tamaska Oil & Gas Ltd (ASX: TMK), which posted a 100 per cent increase to 0.2 cents a share, despite the absence of any market updates.

Here are the best performing ASX small cap stocks at 12pm EST Tuesday March 12:

ASX code Company name Price Percentage change Market cap Volume
TMK Tamaska Oil & Gas Ltd 0.002 100% $3,900,000 45.0k
IP1 Integrated Payment Technologies 0.033 57% $4,200,000 1.2M
LCY Legacy Iron Ore Ltd 0.003 50% $4,400,000 274.6k
QGL Quantum Graphite Ltd 0.003 50% $22,500,000 180.0k
RXH Rewardle Holdings Ltd 0.003 50% $1,600,000 14.7k
PGY Pilot Energy Ltd 0.018 38% $1,400,000 205.4k
PRL Petrel Energy Ltd 0.004 33% $9,700,000 1.1M
EVE EVE Investments Ltd 0.065 30% $15,000,000 28.2M
BMT Berkut Minerals Ltd 0.1 27% $5,400,000 3.8M
TIE Tietto Minerals Ltd 0.12 26% $28,700,000 726.3k
JXT Jaxsta Ltd 0.15 25% $32,700,000 42.5k
LNU Linius Technologies Ltd 0.05 25% $41,300,000 7.5M
EMP Emperor Energy Ltd 0.003 25% $2,400,000 266.7k
KLH Kalia Ltd 0.005 25% $12,600,000 2.5M
ENR Encounter Resources Ltd 0.08 22% $22,000,000 387.5k
AQX Alice Queen Ltd 0.012 20% $7,800,000 49.3k
COY Coppermoly Ltd 0.006 20% $10,300,000 1.1M
NVO NVOI Ltd 0.006 20% $3,100,000 273.5k
WRM White Rock Minerals Ltd 0.006 20% $9,800,000 1.5M
PKD Parkd Ltd 0.18 20% $13,500,000 13.3k

LOSERS

Mining and energy minnows led the market lower, with five companies that trade at below 1c per all suffering losses of 20 per cent or more.

Orion Metals (ASX:ORM) led the falls after slumping by almost 30 per cent to 0.5c, on low volumes with no notable news updates.

Here are the worst performing ASX small cap stocks at 12pm EST Tuesday March 12:

ASX code Company name Price Percentage change Market cap Volume
ORM Orion Metals Ltd 0.005 -29% $2,400,000 5.4k
XST XState Resources Ltd 0.003 -25% $3,400,000 35.0k
ADV Ardiden Ltd 0.003 -25% $5,000,000 10.0k
EQE Equus Mining Ltd 0.012 -20% $10,800,000 3.0M
PCL Pancontinental Oil & Gas NL 0.002 -20% $10,800,000 500.0k
LRS Latin Resources Ltd 0.002 -20% $6,500,000 2.8M
VMC Venus Metals Corp Ltd 0.12 -17% $10,900,000 87.4k
ZNO Zoono Group Ltd 0.07 -17% $11,200,000 56.5k
UNL United Networks Ltd 0.01 -17% $1,300,000 25.0k
CRO Cirralto Ltd 0.01 -17% $5,000,000 1.9M
ABT Abundant Produce Ltd 0.1 -17% $6,100,000 1.4M
FHS Freehill Mining Ltd 0.023 -15% $17,900,000 1.2M
KMT Kopore Metals Ltd 0.012 -14% $7,600,000 338k
GLV Global Vanadium Ltd 0.003 -14% $8,500,000 17.1M
GLN Galan Lithium Ltd 0.43 -14% $47,800,000 1.3M
TKL Traka Resources Ltd 0.013 -13% $4,300,000 6.3k
YPB YPB Group Ltd 0.007 -13% $6,400,000 1.0M
SI6 Six Sigma Metals Ltd 0.004 -13% $1,600,000 250.0k
POH Phosphagenics Ltd 0.004 -13% $5,500,000 3.3M
BLY Boart Longyear Ltd 0.004 -13% $92,000,000 1.1M
RNE ReNu Energy Ltd 0.077 -13% $8,500,000 15.0k