Lunchtime ASX small cap wrap: who’s hitting home runs today
News
share
Here are the key ASX small cap winners and losers at lunch Thursday August 30:
The ASX Small Ords was down 1.4 points or 0.05 per cent to 2,910.6 at 12.15pm AEST.
GOING UP
Base metals explorer Golden Deeps (ASX:GED) was up 37 per cent to an intraday high of 3.7c after it appointed a new chairman.
Michael Minosora has significant corporate and resources experience, having been the money man at Fortescue Metals (ASX:FMG) and a managing partner at Ernst & Young.
He is being brought on to help with Golden Deeps’ vanadium interests. Back in July the company also bought a 70 per cent stake in two Canadian cobalt projects.
IoT company Xped’s (ASX:XPE) shares jumped 100 per cent to an intraday high of 0.4c with 10.8 million shares changing hands.
Xped has had no news out since an operational update and cashflow report at the end of July but today the stock bounced from yesterday’s close of 0.2c.
It is the highest volume for the company since those July updates.
Augmented reality app maker Thred (ASX:THD) rose 33 per cent to an intraday high of 0.4c after announcing its full-year results.
Thred posted an increased $3.2 million loss, up from $2.8m last year, but also reported its first revenue, banking $249,000 as well as $1.6m in the R&D tax rebate.
- Subscribe to our daily newsletter
- Bookmark this link forsmall cap news
- Join our small cap Facebook group
- Follow us on Facebook or Twitter
Mental health tech play Medibio (ASX:MEB) is recovering this morning after sliding 40 per cent yesterday as it was announced the CEO Jack Cosentino had left the company.
By lunch today the stock had recovered 22 per cent to an intraday high of 16.5c, as its full-year results, which showed a 786 per cent increase in sales, were released to the market.
Yesterday the stock hit its lowest point in six weeks, dropping to 13.5c, after announcing Mr Cosentino would leave immediately.
Here are the best performing ASX small cap stocks at 12.30pm, Thursday August 30:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | Price change today (at 12.30pm) | Price (12.30pm) | Volume | Market Cap |
|---|---|---|---|---|---|
| EUZ | EUROPA METALS | 1 | 0.002 | 27M | 5.6M |
| APG | AUSTPAC RES | 1 | 0.002 | 14M | 2.0M |
| WGL | WANGLE TECHNOLOG | 0.5 | 0.003 | 250k | 5.2M |
| VMG | VDM GROUP | 0.5 | 0.003 | 4M | 14.7M |
| NWE | NORWEST ENERGY | 0.5 | 0.003 | 3M | 8.5M |
| MNB | MINBOS RESOURCES | 0.5 | 0.003 | 1M | 14.1M |
| WEC | WHITE ENERGY CO | 0.43 | 0.080 | 393k | 18.4M |
| GED | GOLDEN DEEPS | 0.37 | 0.037 | 100k | 4.6M |
| FZR | FITZROY RIVER CO | 0.33 | 0.200 | 75k | 13.3M |
| XPE | XPED | 0.33 | 0.004 | 4M | 4.5M |
| IVO | INVIGOR GROUP | 0.33 | 0.004 | 131k | 3.8M |
| GGE | GRAND GULF ENERG | 0.33 | 0.004 | 1M | 2.3M |
| GPP | GREENPOWER ENERG | 0.25 | 0.005 | 2M | 6.5M |
| AUL | AUSTAR GOLD | 0.25 | 0.005 | 662k | 9.5M |
| TTM | TITAN MINERALS L | 0.21 | 0.029 | 4k | 61.1M |
| SPX | SPECTRUM RARE EA | 0.2 | 0.006 | 400k | 3.5M |
| LRS | LATIN RESOURCES | 0.2 | 0.006 | 125k | 15.3M |
| ALT | ANALYTICA | 0.2 | 0.006 | 400k | 16.7M |
| AMG | AUSMEX MINING GR | 0.18 | 0.052 | 2M | 17.8M |
| WKT | WALKABOUT RESOUR | 0.18 | 0.165 | 2M | 37.9M |
| IBX | IMAGION BIOSYSTE | 0.17 | 0.090 | 300k | 16.5M |
| WLC | WOLLONGONG COAL | 0.17 | 0.007 | 123k | 56.2M |
| RDF | REDFLEX HLDG | 0.17 | 0.385 | 233k | 49.4M |
| PSM | PENINSULA MINES | 0.17 | 0.007 | 140k | 4.2M |
| NOR | NORWOOD SYSTEMS | 0.17 | 0.007 | 1M | 8.0M |
| BKP | BARAKA ENERGY AN | 0.17 | 0.007 | 25M | 16.2M |
| AUH | AUSTCHINA HOLDIN | 0.17 | 0.007 | 73k | 6.7M |
| ADN | ANDROMEDA METALS | 0.17 | 0.007 | 9M | 6.5M |
| IPB | IPB PETROLEUM LI | 0.16 | 0.089 | 346k | 15.4M |
| RAN | RANGE INTERNATIO | 0.15 | 0.060 | 659k | 10.5M |
| MEB | MEDIBIO | 0.13 | 0.153 | 680k | 27.4M |
GOING DOWN
Medibio was not the only company to lose a CEO; digital bank Change Financial (ASX:CCA) lost its chief just 28 days after he took on the job.
Eric Bachman was replaced by the company’s founder Ashley Shilkin. That sent the stock tumbling 10 per cent today to 18c. This was after yesterday’s 31 per cent fall to 20c, down from 29c on Tuesday.
Here are the worst performing ASX small cap stocks at 12.30pm, Thursday August 30:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | Price change today (at 12.30pm) | Price (12.15pm) | Volume | Market Cap |
|---|---|---|---|---|---|
| FIG | FREEDOM INSURANC | -0.25 | 0.255 | 612k | 81.5M |
| WBE | WHITEBARK ENERGY | -0.2 | 0.004 | 658k | 5.4M |
| OVL | ORO VERDE | -0.17 | 0.005 | 3M | 9.3M |
| HIP | HIPO RESOURCES L | -0.17 | 0.015 | 2M | 7.0M |
| AVDDD | ANTILLES OIL AND | -0.17 | 0.030 | 132k | 4.9M |
| TDO | 3D OIL | -0.15 | 0.110 | 79k | 31.1M |
| MED | MERLIN DIAMONDS | -0.14 | 0.006 | 8M | 23.1M |
| EXO | ENNOX GROUP | -0.14 | 0.006 | 10k | 12.4M |
| CCA | CHANGE FINANCIAL | -0.13 | 0.175 | 752k | 17.1M |
| TRL | TANGA RESOURCES | -0.13 | 0.007 | 1M | 5.8M |
| SXX | SOUTHERN CROSS | -0.13 | 0.007 | 96k | 8.6M |
| SMI | SANTANA MINERALS | -0.13 | 0.007 | 2M | 4.4M |
| LON | LONGTABLE GROUP | -0.12 | 0.500 | 6k | 70.0M |
| BLA | BLUE SKY ALTERNA | -0.12 | 1.640 | 40k | 143.8M |
| PMP | PMP | -0.11 | 0.213 | 278k | 122.4M |
| MAG | MAGMATIC RESOURC | -0.11 | 0.040 | 14k | 5.6M |
| PPY | PAPYRUS AUSTRALI | -0.11 | 0.008 | 417k | 2.0M |
| NVO | NVOI | -0.11 | 0.008 | 90k | 3.7M |
| VRS | VERIS | -0.11 | 0.205 | 102k | 80.4M |
| A3D | AURORA LABS | -0.11 | 0.375 | 186k | 27.6M |
| RCL | READCLOUD | -0.11 | 0.420 | 20k | 40.2M |
| PYG | PAYGROUP | -0.11 | 0.715 | 131k | 41.3M |
| RMP | RED EMPEROR RESO | -0.11 | 0.051 | 231k | 24.2M |
| RVY | RIFT VALLEY RESO | -0.11 | 0.017 | 733k | 17.5M |
| SKN | SKIN ELEMENTS | -0.1 | 0.027 | 10k | 3.9M |
| FSG | FIELD SOLUTIONS | -0.1 | 0.028 | 20k | 13.3M |
| ICI | ICANDY INTERACTI | -0.1 | 0.095 | 30k | 31.7M |
| PNN | PEPINNINI LITHIU | -0.09 | 0.010 | 23k | 6.5M |
| ECT | ENVIRONMENTAL CL | -0.09 | 0.010 | 8M | 52.8M |
| CDT | CASTLE MINERALS | -0.09 | 0.010 | 568k | 2.5M |
