It was a choice between Royal Baby and Katie Perry’s best impression of Lumiere from Beauty and the Beast, today.

Kate Perry, naturally, won, with her Met Gala Ball ‘Camp: Notes On Fashion’ costume.

We at Stockhead are left wondering how she sat down at the dinner.

Back home among the less glamorous (sorry guys) small caps of the ASX, several companies remained standing for their bows while a handful slumped in their seats, vainly hoping no one would notice the morning’s bad news.

The ASX Small Ords was up by 15 points to 2817.

Here are the key ASX small cap winners and losers at lunch Tuesday May 7: 

GOING UP

The top seven winners this morning have all gone up despite no news, although it seems no news is good news for Ultracharge (ASX:UTR) which promised to release a reason last week for the unexpected sale of its electrolyte tech — and is yet to do so.

The biggest gainer with news was Laserbond (ASX:LBL) whic this morning announced positive revenue and profit forecasts. It expects revenue between $21.6 and $22.2 million and a pre-tax profit between $3.2 million and $3.5 million.

The only others with news out that didn’t include investor presos were Impact Minerals (ASX:IPT), which has a new non-executive director, and Marmota (ASX:MEU) which said new samples from the South Australian Aurora Tank gold mine were yielding more than 100 g/t.

Here are the best performing ASX small cap stocks at 11.30am AEST Tuesday May 7 

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

Code Name Price (11.30am) % Chg Market Cap Volume
FFC FarmaForce Ltd 0.13 56% 16000000 5.0k
CVS Cervantes Corp Ltd 0.004 33% 2000000 1.2M
LRS Latin Resources Ltd 0.002 33% 6800000 9.9M
CT1 CCP Technologies Ltd 0.009 29% 4000000 717.8k
KWR Kingwest Resources Ltd 0.15 25% 7600000 50.0k
UTR Ultracharge Ltd 0.005 25% 4700000 100.0k
LBL Laserbond Ltd 0.41 24% 39200000 337.2k
VKA Viking Mines Ltd 0.02 23% 5000000 2.2M
QGL Quantum Graphite Ltd 0.003 20% 22700000 166.7k
VIC Victory Mines Ltd 0.003 20% 3700000 161.7k
MEU Marmota Ltd 0.02 20% 12900000 1.7M
WZR Wisr Ltd 0.12 19% 81900000 10.8M
HNR Hannans Ltd 0.02 18% 39800000 12.2M
BCB Bowen Coking Coal Ltd 0.03 17% 18000000 3.1M
AZI Alta Zinc Ltd 0.004 17% 6400000 1.2M
IPT Impact Minerals Ltd 0.007 17% 9300000 400.0k
SW1 Swift Media Ltd 0.21 17% 32300000 87.1k
KLL Kalium Lakes Ltd 0.63 15% 150500000 276.7k
GMD Genesis Minerals Ltd 0.02 14% 27200000 2.1M
ABV Advanced Braking Technology Ltd 0.008 14% 2400000 71.6k
WHK WhiteHawk Ltd 0.12 14% 15800000 6.3M

 

GOING DOWN

The biggest loser was Actinogen (ASX:ACW). Investors learned this morning Actinogen’s Xanamem drug, which aimed to improve cognition in Alzheimer’s patients, doesn’t work in 10mg doses – i.e. at safe levels. It’s not clear what’s next for the company, after its heavy investment in Alzheimer’s.

Landmark (ASX:LMW) returned to the bourse today, a day after announcing a cyber attack in February has cost it $5-6m in revenue to date, and it’s expecting to lose another $1m on top of that.

And Empired (ASX:EMP) has lost a long-standing WA roads contract which will remove $10m from FY2020 revenue.

Here are the worst performing ASX small cap stocks at 11.30am AEST Tuesday May 7. 

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

Code Name Price (11.30am) % Chg Market Cap Volume
ACW Actinogen Medical Ltd 0.015 -69% 16800000 172.1M
HCO Hylea Metals Ltd 0.01 -64% 1000000 214.3k
LMW LandMark White Ltd 0.25 -34% 21300000 389.2k
PWN Parkway Minerals NL 0.003 -25% 1800000 3.1k
KLH Kalia Ltd 0.015 -25% 3800000 7.4M
EPD Empired Ltd 0.31 -21% 51200000 618.4k
SYT Syntonic Ltd 0.004 -20% 12900000 150.0k
CTO Citigold Corp Ltd 0.004 -20% 8600000 344.7k
ALT Analytica Ltd 0.004 -20% 13300000 3.0M
G88 Golden Mile Resources Ltd 0.05 -18% 2900000 617.2k
RFN Reffind Ltd 0.005 -17% 2600000 1.0k
MMR MEC Resources Ltd 0.005 -17% 1700000 60.0k
AUT Auteco Minerals Ltd 0.005 -17% 5000000 1.0M
8CO 8common Ltd 0.14 -15% 21100000 368.8k
DTZ Dotz Nano Ltd 0.06 -14% 11400000 208.5k
SER Strategic Energy Resources Ltd 0.006 -14% 5400000 100.0k
LIT Lithium Australia NL 0.006 -14% 37300000 50.0k
ADX ADX Energy Ltd 0.006 -14% 7300000 750.0k
LTR Liontown Resources Ltd 0.04 -14% 66500000 35.4M
AL8 Alderan Resources Ltd 0.03 -14% 4100000 16.7k