Pic: Stevica Mrdja / EyeEm / EyeEm via Getty Images
Lunchtime ASX small cap wrap: Who’s holding the phone today?
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Some guy has packed 99 phones into a small cart and trundled around the streets of Berlin to cause virtual traffic jams.
The phones successfully fooled Google Maps into thinking that there was a high concentration of slow-moving vehicles on the roads. Check it out:
Global markets were on the rise again yesterday. In Europe, a big $US8.7bn ($13bn) merger between French payments system provider Ingenico and Worldline as well as better-than-expected manufacturing data was the spark.
Tech stocks led the gains in US markets. Tesla was up 19.9 per cent to a record high $US780 per share, which means the electric vehicle maker has now more than tripled in just three months.
Remember when @Daimler spent $50 million for a roughly 9% stake in @Tesla?
Haven’t done the maths to account for what % it would be now, but without dilution etc it would be worth $12bn. (They sold the stake in 2014 for less than $800m).
— Patrick McGee (@PatrickMcGee_) February 3, 2020
Our local markets tailed this positive vibe. This morning the ASX 200 is up 0.13 per cent to 6,933 points, while the ASX Small Ords increased 0.42 per cent to 2,963 points.
Here are all your key small cap winners and losers in morning trade for Tuesday, February 4:
GOING UP:
Swipe or scroll to reveal the full table. Click headings to sort.
| CODE | NAME | PRICE | % CHANGE | MARKET CAP |
|---|---|---|---|---|
| ANW | Aus Tin Mining | 0.0015 | +50.00% | $4.0M |
| PNN | PepinNini Lithium | 0.003 | +50.00% | $4.3M |
| TSL | Titanium Sands | 0.049 | +58.06% | $38.2M |
| BRK | Brookside Energy | 0.008 | +33.33% | $8.0M |
| YPB | YPB Group | 0.004 | +33.33% | $6.8M |
| ADV | Ardiden | 0.004 | +33.33% | $7.2M |
| PCL | Pancontinental Oil & Gas | 0.004 | +33.33% | $8.1M |
| OEC | Orbital Corp | 0.62 | +25.51% | $47.7M |
| PUR | Pursuit Minerals | 0.005 | +25.00% | $1.7M |
| TTT | Titomic | 0.74 | +23.33% | $93.1M |
| FCT | Firstwave Cloud Technology | 0.15 | +20.00% | $47.4M |
| ARE | Argonaut Resources | 0.006 | +20.00% | $9.5M |
| EPM | Eclipse Uranium | 0.006 | +20.00% | $7.4M |
| SCL | Schrole Group | 0.02 | +20.00% | $16.0M |
| TPW | Temple & Webster Group | 3.35 | +18.37% | $385.6M |
| WWI | West Wits Mining | 0.014 | +16.67% | $13.1M |
| ORN | Orion Minerals | 0.02 | +16.67% | $60.9M |
| BAT | Battery Minerals | 0.007 | +16.67% | $9.2M |
| SVM | Sovereign Metals | 0.14 | +16.67% | $50.3M |
Online furniture seller Temple & Webster (ASX:TPW) climbed over 21 per cent this morning after more than doubling its earnings for the first half of fiscal 2020.
The stock is now up 150 per cent over the past 12 months.
Resonance Health (ASX:RHT) was up 24 per cent this morning after it licensed its flagship liver iron concentration MRI service to another distributor in the US, its biggest market.
Morgans analyst Scott Power says the financial details are confidential, but Resonance is generating solid revenues and is a company Morgans “likes”.
And advanced explorer Orion Minerals (ASX:ORN) nudged higher after possibly snaring some cheap processing gear for its Prieska copper-zinc project in South Africa.
READ: Tim Treadgold — Orion poised to reveal all, or relive another Groundhog Day
GOING DOWN:
Swipe or scroll to reveal the full table. Click headings to sort.
| CODE | NAME | PRICE | % CHANGE | MARKET CAP |
|---|---|---|---|---|
| UUV | UUV Aquabotix | 0.0015 | -25.00% | $892K |
| LNY | Laneway Resources | 0.055 | -21.43% | $20.5M |
| SE1 | Sensera | 0.02 | -21.05% | $4.8M |
| KGM | KalNorth Gold Mines | 0.004 | -20.00% | $3.6M |
| ANL | Amani Gold | 0.002 | -20.00% | $12.3M |
| TKM | Trek Metals | 0.02 | -19.05% | $931K |
| DRE | Dreadnought Resources | 0.005 | -16.67% | $8.8M |
| FTT | Factor Therapeutics | 0.0025 | -16.67% | $2.6M |
| CLZ | Classic Minerals | 0.0025 | -16.67% | $17.5M |
| ABT | Abundant Produce | 0.05 | -16.67% | $4.2M |
| PNX | PNX Metals | 0.006 | -14.29% | $14.6M |
| SKY | Sky Metals | 0.1 | -13.64% | $24.7M |
| HRZ | Horizon Minerals | 0.1 | -13.04% | $42.8M |
| IPT | Impact Minerals | 0.007 | -12.50% | $9.3M |
| GRB | Gage Roads Brewing Co | 0.07 | -11.54% | $78.0M |
| ARM | Aurora Minerals | 0.008 | -11.11% | $1.9M |
| ADO | Anteotech | 0.03 | -10.34% | $38.9M |
Gage Roads Brewing (ASX:GRB) reported a slightly softer result for the December quarter. While overall revenue was up 10 per cent to $19.3m, a couple of its sales channels were down including national chains.
And Horizon Minerals (ASX:HRZ) dipped 13 per cent after announcing a resource upgrade at its flagship project near Kalgoorlie. Maybe it wasn’t large enough.
READ: Horizon, Ora Banda and Matador reckon it’s time for an upgrade
