Lunchtime ASX small cap wrap: Who’s got their new age spectacles sorted today?

Link copied to
clipboard

We often wonder if we ever have something better than our phones. Somewhat ironically, it’s taken a company only made possible through smartphones to come up with a potential answer – Snap.

In addition to its Snapchat app, Snap also makes spectacles and the company has launched its latest version.

They’ll be sold in November for US$380 and will have two cameras with exclusive 3D effects. You can take pictures and videos by tapping a button at the top.

Snap's newest Spectacles coming this fall with dual cameras for 3D, bigger price tag https://t.co/YL39cFILkb pic.twitter.com/bIucv3Jt1M

— Android Police (@AndroidPolice) August 13, 2019

In all seriousness, this is Snap’s third attempt at smart glasses and the first two were commercial flops. Will having an extra camera make a difference?

Only time will tell.

Today on the markets the ASX Small Ords is down 0.30 per cent to 2,854 while the ASX 200 is up 0.10 per cent to 6,575. Westpac consumer confidence gained 3.6 per cent and the Wage Price Index lifted 0.61 per cent in the second quarter.

Overseas, the US’ promise to delay tariffs sent Wall Street surging. Protests are continuing at Hong Kong airport although some flights have been able to operate and the Hang Seng is up over 1 per cent today.

Going up

When you’re a cash-strapped gold miner there’s nothing like a $11.9 million farm-in deal. Ghana-focused Castle Minerals (ASX: CDT) got just that and it’s up 117 per cent.

QuickFee (ASX: QFE) jumped 16 per cent after a strong sales update and Nuheara (ASX: NUH) rose 18 per cent after becoming a registered provider to the NDIS.

Here are the best performing ASX small cap stocks at lunchtime, Wednesday August 14:

Swipe or scroll to reveal the full table. Click headings to sort

Going down

Pact Group (ASX: PGH) fell 16 per cent after poor results. Its after tax result swung from a $74.5 million profit to a $289.6 million loss – a 489 per cent turnaround.

Great Southern Exploration (ASX: GTE) continued to fall off the back of no news after its spike last week.

Here are the worst performing ASX small cap stocks at lunchtime, Wednesday August 14:

Swipe or scroll to reveal the full table. Click headings to sort

share

• 
• 
• 
• 

Link copied to
clipboard

SUBSCRIBE

Get the latest Stockhead news delivered free to your inbox.

"*" indicates required fields

Name*

Email*

Hidden

Email Lists

Morning Update

Lunch Update

Market Close Update

Weekend Update

It's free. Unsubscribe whenever you want.

By proceeding, you confirm you understand that we handle personal information in accordance with our Privacy Policy.