The rest of Australia really does feel for Sydneysiders, probably.

Two days after the Sydney city council bowed to “overwhelming” demands from the city’s denizens to give them back a 24-hour social life and promised to overhaul the city’s nightlife laws, an inner city pub has been noise-controlled for inconsiderate and annoyingly loud games of… petanque.

Apparently the clanking of balls at the Black Bottle bar, wedged between the extremely busy Darlinghurst Road and Victoria Street, was too much for one neighbour.

Here are the key ASX small cap winners at lunchtime on May 8, 2019.

The ASX Small Ords was down 22.1 points or 0.79 per cent to 2,788.4 at midday AEST.

GOING UP

Grow-your-own-body-part biz Orthocell (ASX:OCC) was flying this morning after releasing early data from the company’s Phase III trial of its CelGro technology in patients with damaged nerves.

It’s shown that patients have regained sensation and muscle function in affected limbs, reporting an 83 per cent improvement in muscle power.

Next up with news is Gulf Manganese (ASX:GMC), which cheerily informed the market today it’s got an Indonesian licence to export 103,162 tonnes of manganese concentrate a year.

And finally, Flexigroup (ASX:FXL) says Myer, IKEA, JB Hifi New Zealand, Solomon’s Carpets, Strandbags, National Hearing, National Dental Plan and City Fertility have joined its buy-now-pay-later (BNPL) platform.

Of most interest to Stockhead this morning was its claim to be the inventor of BNPL. A spokesman for the company says it started a white labelled BNPL service about 20 years ago (what we’d know as layby), and consumer-oriented (albeit sold via retailers) services since 2000.

Here are the best performing ASX small cap stocks at 11.30, May 8, 2019:

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TickerNamePrice% ChgMarket CapVolume
OCCOrthocell Ltd0.27145%$35,600,00013.9M
AROAstro Resources NL0.00350%$3,800,0002.5M
GLEGLG Corp Ltd0.1536%$11,100,00020.0k
MLSMetals Australia Ltd0.00233%$5,400,00050.0k
DTRDateline Resources Ltd0.00320%$23,900,00068.5M
GMCGulf Manganese Corp Ltd0.00620%$25,300,0008.8M
KTEK2 Energy Ltd0.00620%$1,800,000580.0k
SM8Smart Marine Systems Ltd0.0220%$3,100,00020.8k
AZSAzure Minerals Ltd0.1220%$13,300,000108.2k
RSHRespiri Ltd0.1319%$65,700,0001.7M
NHLNovita Healthcare Ltd0.0219%$8,500,000100.1k
KPOKalina Power Ltd0.0317%$20,300,000446.7k
PIOPioneer Resources Ltd0.01417%$21,100,00065.0k
QFYQuantify Technology Holdings L0.00717%$6,800,000435.8k
FXLFlexiGroup Ltd/Australia1.5716%$617,200,0002.7M
HLXHelix Resources Ltd0.0214%$10,200,00060.0k
AQXAlice Queen Ltd0.0214%$10,400,000100.0k
EQEEquus Mining Ltd0.00814%$7,200,00062.5k
LERLeaf Resources Ltd0.0314%$9,800,000112.6k
TSNTransaction Solutions Internat0.00814%$19,300,000250.0k
OAROakdale Resources Ltd0.0315%$5,200,000466.0k

 

GOING DOWN

In investors’ bad books and leading the downward falls today is YPB (ASX:YPB), which has had to explain its role in an increasingly confusing crypto deal that involved First Growth Funds (ASX:FGF), DigitalX (ASX:DCC), and Blockchain Global.

The ‘token sale event’ was launched at the height of the crypto craze in December 2017, and the ASX is now trying to ascertain what money has changed hands, who is still participating in this deal and what everyone has actually done. And whether YPB ever saw any of a whopping $30m they’d speculated the token sale might raise.

Here are the worst performing ASX small cap stocks at 11.30, May 8, 2019:

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

TickerNamePrice% ChgMarket CapVolume
SROShareroot Ltd0.001-50%$1,600,000998.9k
CMCChina Magnesium Corp Ltd0.02-40%$9,700,00033.8k
YPBYPB Group Ltd0.006-33%$5,500,0008.9M
TSCTwenty Seven Co Ltd0.003-25%$2,700,000190.5k
OEXOilex Ltd0.003-25%$7,700,00056.6k
WNBWellness and Beauty Solutions0.013-24%$4,600,0002.8M
XPLXplore Wealth Ltd0.1-23%$29,700,000115.0k
TV2TV2U International Ltd0.004-20%$9,100,0002.0M
PCLPancontinental Oil & Gas NL0.004-20%$10,800,000495.0k
CXZConnexion Telematics Ltd0.008-20%$6,800,0002.3M
AEEAura Energy Ltd0.009-18%$10,900,00031.5M
VICVictory Mines Ltd0.003-17%$3,100,000307.4k
AAJAruma Resources Ltd0.005-17%$3,100,000400.0k
FPLFremont Petroleum Corp Ltd0.008-17%$11,900,00018.4M
ADOAnteo Diagnostics Ltd0.01-17%$17,400,0006.9M
NVONVOI Ltd0.02-14%$19,700,00023.3M
TARTaruga Minerals Ltd0.03-14%$4,200,000306.8k
MZNMarindi Metals Ltd0.003-14%$6,300,000600.0k
IPTImpact Minerals Ltd0.006-14%$7,900,000300.0k
CZLConsolidated Zinc Ltd0.012-14%$14,100,000266.7k