Lunchtime ASX small cap wrap: Who’s getting ready for a showdown today?
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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.
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 |
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 |