It’s Friday the 13th. But even the darkest, most evil imagination would struggle to conjure up horrors akin to the terrifying bloodbath currently taking place on the ASX.

It follows an eye-watering session on the S&P500, where US stocks booked their worst one-day fall since Black Monday in 1987.

The main catalysts for the re-pricing appear to be two-fold:

– Uncertainty (leaning towards inevitability) of the virus causing death rates across major western economies similar to existing hotbeds such as Italy and China; and

– What risk assets are actually worth, in the event those economies are forced to ‘shut up shop’ en masse to prevent further loss of life.

Among the latest news-flow: a flight attendant at Virgin Australia has tested positive for COVID-19, Bitcoin is getting crushed, and US lawmakers look close to announcing a joint spending agreement on support measures later tonight.

For now, all bets are off.

The best we can offer at this point is live footage of Vincent Price performing his evil segment from Thriller:

Turning to markets (if you can bear to look), and heading into midday trade the ASX200 had crashed by another seven per cent to 4,931.20, the lowest level since 2016. The Small Ords index was down 6.22 per cent to 2,122.

WINNERS

Here are the best performing ASX small cap stocks at 12pm Friday March 13:

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

TICKER NAME PRICE % CHANGE MARKET CAP
SMD Syndicated Metals Ltd 0.004 33.33% $2.8M
LNY Laneway Resources Ltd 0.005 25.00% $14.9M
CDX Cardiex 0.02 25.00% $12.1M
LSR Lodestar Minerals Ltd 0.006 20.00% $4.3M
ICN Icon Energy 0.007 16.67% $3.6M
UNL United Networks 0.032 14.29% $11.0M
BPP Babylon Pump 0.017 13.33% $12.6M
BLZ Blaze International Ltd 0.009 12.50% $1.7M
OIL Optiscan Imaging Ltd 0.018 12.50% $7.6M
AUZ Australian Mines Ltd 0.01 11.11% $31.0M
VMS Venture Minerals 0.01 11.11% $7.3M
VMX Valmec Ltd 0.23 9.52% $26.4M
PTL Pental Ltd 0.35 9.38% $43.6M
CST Castille Resources 0.12 8.70% $23.0M
NNW 99 Wuxian 0.065 10.17% $68.4M
EXL Elixinol Global 0.31 6.90% $40.0M
FOD Food Revolution Group 0.081 6.58% $55.1M

 

Cardiex Ltd (ASX:CDX)

The market meltdown wasn’t enough to take the shine off a positive set of clinical trial results for the health-tech platform.

CDX announced the expansion of clinical trials with two big pharma customers — AstraZeneca and Bayer — for its XCEL devices.

The XCEL device is the “only FDA cleared device for measuring the central aortic waveform”, and is used to provide critical data during patient treatments and drug trials.
 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Friday March 13:

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

TICKER NAME PRICE % CHANGE MARKET CAP
OML OOH!MEDIA LTD 1.59 -34 384.18M
PGL PROSPA GROUP LTD 1.08 -34 174.26M
ARQ ARQ GROUP LTD 0.09 -34 10.50M
EEG EMPIRE ENERGY GROUP LTD 0.19 -34 51.34M
MRL MAYUR RESOURCES LTD-CDI 0.25 -34 44.25M
WZR WISR LTD 0.09 -34 88.81M
NVA NOVA MINERALS LTD 0.03 -35 32.81M
BLY BOART LONGYEAR LTD 0.6 -35 52.65M
ABR AMERICAN PACIFIC BORATES LTD 0.26 -35 62.60M
KPO KALINA POWER LTD 0.02 -35 18.02M
REE RAREX LTD 0.02 -35 6.24M
WLD WELLARD LTD 0.04 -35 21.25M
BYE BYRON ENERGY LTD 0.18 -36 145.96M
SE1 SENSERA LTD 0.008 -43 2.90M
ICI ICANDY INTERACTIVE LTD 0.02 -36 6.08M
GSW GETSWIFT LTD 0.3 -36 56.56M
NVO NVOI LTD 0.01 -36 10.48M
RED RED 5 LTD 0.21 -36 261.47M
KGL KGL RESOURCES LTD 0.14 -37 45.21M
CBE COBRE LTD 0.15 -38 14.52M
HCT HOLISTA COLLTECH LTD 0.1 -38 26.90M
IPB IPB PETROLEUM LTD 0.01 -38 3.46M
LSR LODESTAR MINERALS LTD 0.005 -38 4.26M
TMK TAMASKA OIL & GAS LTD 0.005 -38 4.45M
MBK METAL BANK LTD 0.005 -38 4.41M
XCD XCD ENERGY LTD 0.005 -38 3.50M
GID GI DYNAMICS INC-CDI 0.005 -38 9.13M
BRK BROOKSIDE ENERGY LTD 0.005 -38 5.04M
MRQ MRG METALS LTD 0.005 -38 5.29M
PPL PUREPROFILE LTD 0.005 -38 600.30k
SMI SANTANA MINERALS LTD 0.002 -50 6.71M
FAR FAR LTD 0.02 -38 159.66M
MNW MINT PAYMENTS LTD 0.008 -43 7.28M
SZL SEZZLE INC-CDI 0.95 -39 188.96M
ATU ATRUM COAL LTD 0.16 -40 76.51M
MEI METEORIC RESOURCES NL 0.008 -40 10.10M
KAU KAISER REEF LTD 0.19 -40 6.19M
COG CONSOLIDATED OPERATIONS GROU 0.05 -40 78.59M
OPY OPENPAY GROUP LTD 0.58 -41 54.40M
ACU ACUMENTIS GROUP LTD 0.08 -41 12.45M
MAG MAGMATIC RESOURCES LTD 0.16 -41 27.55M
ALG ARDENT LEISURE GROUP LTD 0.39 -42 187.09M
EHL EMECO HOLDINGS LTD 0.93 -42 342.75M
OEL OTTO ENERGY LTD 0.012 -43 29.53M
TPO TIAN POH RESOURCES LTD 0.05 -44 19.33M
RAP RESAPP HEALTH LTD 0.09 -46 66.07M
POD PODIUM MINERALS LTD 0.02 -48 2.76M
KAR KAROON ENERGY LTD 0.4 -50 218.43M
SIH SIHAYO GOLD LTD 0.01 -50 16.78M
ESH ESPORTS MOGUL LTD 0.003 -50 6.11M
IP1 INTEGRATED PAYMENT TECHNOLOG 0.003 -50 926.52k
IQ3 IQ3CORP LTD 0.1 -50 10.39M
VRC VOLT RESOURCES LTD 0.005 -50 8.69M
TPD TALON PETROLEUM LTD 0.001 -50 1.78M
CZL CONSOLIDATED ZINC LTD 0.003 -57 5.18M
ABL ABILENE OIL AND GAS LTD 0.001 -67 397.61k
YPB YPB GROUP LTD 0.001 -67 1.69M
ATS AUSTRALIS OIL & GAS LTD 0.02 -67 17.75M