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Lunchtime ASX small cap wrap: Who’s jokes are coming back to bite them today?
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As we age we regret things we did when we were younger. Tattoos, inappropriate photos of ourselves – or inappropriate names, as this Brit discovered.
Kenny Kennard changed his surname to Fu-Kennard as a joke several years ago. He had no problem getting a driver’s licence, but he cannot get a passport on the grounds his name could cause offence or was vulgar.
“On the one hand, I find the whole thing funny — as do all of my friends,” he said. “But I’m also finding it hard to believe the name could be construed as anything but funny and slightly ridiculous.
“It’s just a joke. Fu-Kennard is not offensive, and I object to them denying my chosen name.”
As always, supporters are telling anyone who cares to “sign the petition”. In isolation it’s easy to say he should’ve thought it through – but then again the Poms were OK with the name Boaty McBoatface.
home office: Give Kenny Fu-Kennard his Passport! – Sign the Petition! https://t.co/ShoH1E7kGo via @UKChange
Show some love to possible the funniest person I've met and help him get is passport back ♥️
— Benjamin Peters (@pitttheembryo) August 6, 2019
Our markets have rebounded after a dour couple of days.
Going up
Eye disease fighter Opthea (ASX:OPT) is up nearly 130 per cent today after announcing its Phase IIb clinical trial was a success.
Meanwhile, explorer Classic Minerals (ASX:CLZ) and battery tech player UltraCharge (ASX:UTR) both gained 50 per cent on no news.
Here are the best performing ASX small cap stocks at lunchtime, Wednesday August 7:
Swipe or scroll to reveal the full table. Click headings to sort
| Code | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| OPT | Opthea Ltd | 1.98 | +129.48% | $215.7M | 4.7M |
| CLZ | Classic Minerals Ltd | 0.0015 | +50.00% | $4.2M | 2.3M |
| UTR | UltraCharge Ltd | 0.003 | +50.00% | $2.2M | 728.3k |
| AOA | Ausmon Resources Ltd | 0.004 | +33.33% | $2.2M | 250.0k |
| DRE | Dreadnought Resources Ltd | 0.004 | +33.33% | $4.4M | 57.7k |
| GPP | Greenpower Energy Ltd | 0.002 | +33.33% | $2.0M | 250.0k |
| NAE | New Age Exploration Ltd | 0.004 | +33.33% | $2.7M | 3.2M |
| SBR | Sabre Resources Ltd | 0.0065 | +30.00% | $2.0M | 30.9M |
| FHS | Freehill Mining Ltd | 0.014 | +27.27% | $9.0M | 50.0k |
| BUY | Bounty Oil & Gas NL | 0.005 | +25.00% | $3.8M | 799.7k |
| ECT | Environmental Clean Technologies | 0.005 | +25.00% | $19.2M | 4.7M |
| DEV | DevEx Resources Ltd | 0.08 | +20.97% | $8.3M | 516.2k |
| KGM | KalNorth Gold Mines Ltd | 0.006 | +20.00% | $4.5M | 331.2k |
| AMD | Arrow Minerals Ltd | 0.013 | +18.18% | $4.1M | 4.6M |
| GTE | Great Western Exploration Ltd | 0.0035 | +16.67% | $3.8M | 4.7M |
| OVL | Oro Verde Ltd | 0.007 | +16.67% | $10.5M | 3.3M |
| WBE | Whitebark Energy Ltd | 0.007 | +16.67% | $11.8M | 1.1M |
| SVL | Silver Mines Ltd | 0.11 | +14.58% | $72.3M | 5.8M |
Going down
Mineral sands and gold explorer Austpac Resources (ASX:APG) slid 50 per cent after responding to a cash flow query from the ASX.
Oil and gas explorer Emperor Energy (ASX:EMP) dropped 33.3 per cent on no news.
Here are the worst performing ASX small cap stocks at lunchtime, Wednesday August 7:
Swipe or scroll to reveal the full table. Click headings to sort
| Code | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| APG | Austpac Resources NL | 0.001 | -50.00% | $5.7M | 500.0k |
| EMP | Emperor Energy Ltd | 0.002 | -33.33% | $3.4M | 1.5M |
| MSR | Manas Resources Ltd | 0.003 | -25.00% | $10.6M | 300.0k |
| DTR | Dateline Resources Ltd | 0.003 | -25.00% | $32.5M | 7.9M |
| PPY | Papyrus Australia Ltd | 0.007 | -22.22% | $1.7M | 176.0k |
| CWZ | Cashwerkz Ltd | 0.2 | -20.00% | $32.6M | 5.5k |
| MCT | Metalicity Ltd | 0.008 | -20.00% | $5.0M | 11.7M |
| RNX | Renegade Exploration Ltd | 0.0025 | -16.67% | $1.4M | 1.3M |
| CTO | Citigold Corp Ltd | 0.005 | -16.67% | $13.0M | 450.0k |
| NWE | Norwest Energy NL | 0.003 | -14.29% | $11.8M | 150.0k |
| LLO | Lion One Metals Ltd | 0.78 | -13.81% | $93.1M | 24.1k |
| BAR | Barra Resources Ltd | 0.02 | -13.64% | $11.9M | 840.0k |
| IHR | intelliHR Holdings Ltd | 0.07 | -13.16% | $10.1M | 136.6k |
| QTM | Quantum Health Group Ltd | 0.02 | -13.04% | $25.3M | 140.0k |
| RFR | Rafaella Resources Ltd | 0.17 | -12.82% | $7.4M | 50.0k |
| DGO | DGO Gold Ltd | 0.68 | -12.82% | $25.4M | 4.5k |
| ALT | Analytica Ltd | 0.0035 | -12.50% | $14.1M | 600.0k |
