The first showdown of this year’s election campaign will take place tonight, will Bill Shorten and Scott Morrison preparing to go head-to-head in Perth at 7pm AEST.

There hasn’t been much back-and-forth on local markets to start the week, with small cap stocks brushing off falls on the broader ASX200 to edge higher in midday trade.

By 11:45am AEST, the ASX Small Ords had risen by 0.25 per cent to a new 2019 high of 2,863.20.

GOING UP

Leading the pack in percentage terms this morning was Internet of Things minnow XPED Ltd (ASX: XPE), which jumped by 50 per cent to 0.2 cents.

Among the junior resources stocks, gold miner Lodestar Resources (ASX: LSR) was the standout performer (also on no news) jumping more than 40 per cent to 1 cent per share.

And it was a big morning for the buy now, pay later platforms with Splitit (ASX: SPT) and Zip Co (ASX: Z1P) both releasing their quarterly trading updates.

Splitit surged by more than 20 per cent after reporting solid growth in user numbers and merchant fee revenue.

Here are the best performing ASX small cap stocks at 12.00pm AEST, Monday April 29.

Ticker Name Price % Chg Market Cap Volume
XPE Xped Ltd 0.002 50% $2,300,000 991.0k
LSR Lodestar Minerals Ltd 0.01 43% $7,500,000 1.5M
MSG MCS Services Ltd 0.017 31% $3,200,000 9.1M
NVO NVOI Ltd 0.005 25% $5,200,000 400.0k
SGO Stream Group Ltd 0.01 25% $2,200,000 2.6M
SRN Surefire Resources NL 0.005 25% $2,600,000 5.8M
SPT Splitit Payments Ltd 1.14 23% $304,800,000 17.2M
AD1 ApplyDirect Ltd 0.012 20% $5,100,000 87.0k
RIM Rimfire Pacific Mining NL 0.006 20% $6,400,000 225.0k
VAL Valor Resources Ltd 0.006 20% $11,400,000 4.4M
CGO CPT Global Ltd/Australia 0.12 20% $4,300,000 52.0k
TNY Tinybeans Group Pty Ltd 1.23 19% $40,200,000 439.6k
9SP 9 Spokes International Ltd 0.02 18% $14,900,000 46.0k
ANP Antisense Therapeutics Ltd 0.05 17% $21,800,000 2.9M
EXR Elixir Petroleum Ltd 0.04 17% $16,000,000 1.8M
PIL Peppermint Innovation Ltd 0.014 17% $13,800,000 696.6k
FLN Freelancer Ltd 0.81 15% $364,500,000 266.9k
IGE Integrated Green Energy Soluti 0.23 15% $90,300,000 15.0k
AZI Alta Zinc Ltd 0.004 14% $7,300,000 2.0M
KNM KneoMedia Ltd 0.04 14% $28,200,000 1.9M
SWF SelfWealth Ltd 0.13 14% $21,200,000 817.3k

 

GOING DOWN

The big falls this morning were among penny stocks, with each of the top six laggards fluctuating at levels well below the 1 cent mark.

Graphite play Metals Australia (ASX: MLS) took a 50 per cent tumble to 0.1 cents on no news, having declined steadily from 0.7 cents over the past 12 months.

Only two of the 19 worst performers this morning were valued at more than 1 cent, one of which was early stage lithium explorer Fe Limited (ASX:FEL).

The stock price fell by more than 20 per cent to 1.4 cents following a drilling update from Auris Minerals (ASX: AUR) at the Forrest and Wodger Prospects in the Bryah Basin of Western Australia.

Here are the worst performing ASX small cap stocks at 12.00pm AEST, Monday April 29.

Ticker Name Price % Chg Market Cap Volume
MLS Metals Australia Ltd 0.001 -50.00% $2,700,000 564.0k
RXH Rewardle Holdings Ltd 0.002 -33.33% $1,100,000 202.0k
GLV Global Vanadium Ltd 0.002 -33.33% $8,500,000 6.7M
BNL Big Star Energy Ltd 0.005 -28.57% $1,700,000 8.7k
MRD Mount Ridley Mines Ltd 0.002 -25.00% $3,500,000 500.0k
BUY Bounty Oil & Gas NL 0.003 -25.00% $2,900,000 72.0k
FEL Fe Ltd 0.014 -22.22% $5,500,000 63.4k
MHC Manhattan Corp Ltd 0.004 -20.00% $3,700,000 242.4k
GPP Greenpower Energy Ltd 0.002 -20.00% $3,100,000 111k
DTR Dateline Resources Ltd 0.002 -20.00% $15,900,000 45.0k
NAE New Age Exploration Ltd 0.005 -16.67% $4,400,000 2.4M
MRQ MRG Metals Ltd 0.005 -16.67% $3,300,000 100.0k
AME Alto Metals Ltd 0.03 -15.15% $6,000,000 298.8k
WCN White Cliff Minerals Ltd 0.006 -14.29% $2,800,000 60.0k
SUD Suda Pharmaceuticals Ltd 0.003 -14.29% $7,700,000 100.0k
IPT Impact Minerals Ltd 0.006 -14.29% $7,900,000 196.7k
DTM Dart Mining NL 0.006 -14.29% $5,600,000 110.0k
AO1 AssetOwl Ltd 0.006 -14.29% $1,100,000 684.3k
CWX Carawine Resources Ltd 0.13 -13.79% $7,000,000 5.3k