Here are the key ASX small cap winners and losers at lunch Wednesday December 5:

The ASX Small Ords fell 47 points — or 1.82  per cent — to 2,557.90 at 12:00pm AEST.

 

WINNERS

Cobalt-free lithium battery maker Ultracharge (ASX:UTR) will deliver 16,000 batteries over three years to Israeli scooter company Roadix.

Even though Ultracharge did not put a figure on this contract, investors bought in: the stock shot up 88 per cent to an intraday high of 1.5c.

The is Ultracharge’s second purchase order ever; in May this year, another Israeli scooter company called Blitz signed a deal for 28,000 batteries over three years, in which they committed to a minimum spend of $4 million in the first year.

Other winners include cobalt explorer Corazon Mining (ASX:CZN), up 20 per cent to 0.6c, and Acacia Coal (ASX:AJC), which is up 100 per cent to 0.2c on no news.

Acacia is getting out of the black stuff and buying two nickel, copper and cobalt exploration projects in Western Australia, so no doubt it will be looking to change its name sometime soon too.

 

ASX CodeNameIntraday price change Price 12.15pm AEST WEDVolume
AJC Acacia Coal +100.00%0.0021.0M
UTR Ultracharge +62.50%0.01385.6M
GAS State Gas +39.47%0.53330.5k
CIO Connected IO +33.33%0.0041.3M
MLS Metals Australia +33.33%0.004250.0k
CHP Chapmans +25.00%0.005350.0k
SMX Security Matters +23.88%0.41166.2k
CZN Corazon Mining +20.00%0.006230.8k
FPL Fremont Petroleum Corp +20.00%0.006500.0k
MZN Marindi Metals +20.00%0.0061.6M
CCE Carnegie Clean Energy +16.67%0.007515.6k
G88 Golden Mile Resources +16.16%0.1236.0k
VXR Venturex Resources +14.71%0.19354.0k
VML Vital Metals +14.29%0.00818.9k
PGI PanTerra Gold +13.64%0.03150.0k
FTZ Fertoz +13.51%0.21135.7k
AJC Acacia Coal +100.00%0.0021.0M
UTR Ultracharge +62.50%0.01385.6M
GAS State Gas +39.47%0.53330.5k
CIO Connected IO +33.33%0.0041.3M
MLS Metals Australia +33.33%0.004250.0k
CHP Chapmans +25.00%0.005350.0k
SMX Security Matters +23.88%0.41166.2k

LOSERS

Drilling at Sipa Resources’ project in the Paterson province of Western Australia has discovered a new style of mineralisation for the area – but hit no significant copper or gold.

Investors weren’t happy, with Sipa’s (ASX:SRI) share price falling 30 per cent to 0.8c on the news.

Rumours of a massive copper discovery by Rio Tinto (ASX:RIO) have put a spotlight on small cap explorers with projects in the region.

And robot home builder Fastbrick has lost its much-hyped Caterpillar partnership, sending the stock down 24 per cent to 12.5c on Wednesday morning.

The agreement was signed in July last year to see if Fastbrick’s (ASX:FBR) robotic bricklaying technology could work for the machinery giant’s construction customers.

 

ASX CodeNameIntraday price changePrice 12.15pm AEST WEDVolume
DTR Dateline Resources -33.33%0.002200.0k
AKN Auking Mining -33.33%0.002500.0k
HCO Hylea Metals -25.00%0.00151.0M
AQX Alice Queen -21.43%0.011242.0k
TMZ Thomson Resources -20.00%0.03110.0k
QGL Quantum Graphite -20.00%0.00218.8k
GBZ GBM Resources -20.00%0.00454.0k
FCT Firstwave Cloud Technology -19.44%0.14148.7k
8CO 8common -17.02%0.0425.0k
ELT Elementos -16.67%0.005167.0k
FFC FarmaForce -16.67%0.120.0k
SRI Sipa Resources -15.79%0.00825.2M
ROO Roots Sustainable Agricultural-15.38%0.11310.6k
FBR FBR -15.15%0.1421.7M
ESE eSense-Lab -15.00%0.03149.6k
DTR Dateline Resources -33.33%0.002200.0k