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

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

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