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.

TickerNamePrice% ChgMarket CapVolume
XPE Xped Ltd0.00250%$2,300,000991.0k
LSR Lodestar Minerals Ltd0.0143%$7,500,0001.5M
MSG MCS Services Ltd0.01731%$3,200,0009.1M
NVO NVOI Ltd0.00525%$5,200,000400.0k
SGO Stream Group Ltd0.0125%$2,200,0002.6M
SRN Surefire Resources NL0.00525%$2,600,0005.8M
SPT Splitit Payments Ltd1.1423%$304,800,00017.2M
AD1 ApplyDirect Ltd0.01220%$5,100,00087.0k
RIM Rimfire Pacific Mining NL0.00620%$6,400,000225.0k
VAL Valor Resources Ltd0.00620%$11,400,0004.4M
CGO CPT Global Ltd/Australia0.1220%$4,300,00052.0k
TNY Tinybeans Group Pty Ltd1.2319%$40,200,000439.6k
9SP 9 Spokes International Ltd0.0218%$14,900,00046.0k
ANP Antisense Therapeutics Ltd0.0517%$21,800,0002.9M
EXR Elixir Petroleum Ltd0.0417%$16,000,0001.8M
PIL Peppermint Innovation Ltd0.01417%$13,800,000696.6k
FLN Freelancer Ltd0.8115%$364,500,000266.9k
IGE Integrated Green Energy Soluti0.2315%$90,300,00015.0k
AZI Alta Zinc Ltd0.00414%$7,300,0002.0M
KNM KneoMedia Ltd0.0414%$28,200,0001.9M
SWF SelfWealth Ltd0.1314%$21,200,000817.3k

 

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.

TickerNamePrice% ChgMarket CapVolume
MLS Metals Australia Ltd0.001-50.00%$2,700,000564.0k
RXH Rewardle Holdings Ltd0.002-33.33%$1,100,000202.0k
GLV Global Vanadium Ltd0.002-33.33%$8,500,0006.7M
BNL Big Star Energy Ltd0.005-28.57%$1,700,0008.7k
MRD Mount Ridley Mines Ltd0.002-25.00%$3,500,000500.0k
BUY Bounty Oil & Gas NL0.003-25.00%$2,900,00072.0k
FEL Fe Ltd0.014-22.22%$5,500,00063.4k
MHC Manhattan Corp Ltd0.004-20.00%$3,700,000242.4k
GPP Greenpower Energy Ltd0.002-20.00%$3,100,000111k
DTR Dateline Resources Ltd0.002-20.00%$15,900,00045.0k
NAE New Age Exploration Ltd0.005-16.67%$4,400,0002.4M
MRQ MRG Metals Ltd0.005-16.67%$3,300,000100.0k
AME Alto Metals Ltd0.03-15.15%$6,000,000298.8k
WCN White Cliff Minerals Ltd0.006-14.29%$2,800,00060.0k
SUD Suda Pharmaceuticals Ltd0.003-14.29%$7,700,000100.0k
IPT Impact Minerals Ltd0.006-14.29%$7,900,000196.7k
DTM Dart Mining NL0.006-14.29%$5,600,000110.0k
AO1 AssetOwl Ltd0.006-14.29%$1,100,000684.3k
CWX Carawine Resources Ltd0.13-13.79%$7,000,0005.3k