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Lunchtime ASX small cap wrap: Who’s looking to run today?
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It’s official — Joe Biden is running for US president in 2020.
In other news, Microsoft’s market cap touched an incredible $US1 trillion after better than expected earnings, while Tesla has fallen into the red once again, posting a $US702m loss for the quarter.
Overall, US markets were more muted on Thursday after Tuesday’s record-breaking run, and the local bourse followed that trend in morning trade.
The Small Ords index – which measures the health of small cap companies on the ASX – was down 0.12 per cent, or 3.4 points to 2,851.4 at about 11:45am EST.
Here’s the state of play at lunch Friday April 26:
WINNERS:
Tinybeans (ASX:TNY) caught a rocket earlier this month when it announced an advertising deal with Lego.
The news website for parents is up another 35 per cent this morning after unveiling a new content platform that will be available to users worldwide.
Geopacific Resources (ASX:GPR), which is trying to get its low cost 100,000oz a year Woodlark project in PNG up and running, surged 21 per cent on no news this morning.
Tanzanian graphite explorer Kibaran Resources (ASX:KNL) was also up 13 per cent on no news.
| Ticker | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| APG | Austpac Resources | 0.002 | 50% | $3,100,000 | 15.7M |
| CYQ | Cycliq Group | 0.003 | 50% | $2,900,000 | 180.0k |
| TRL | Tanga Resources | 0.003 | 50% | $3,800,000 | 3.0M |
| TNY | Tinybeans | 1.1 | 35% | $35,900,000 | 212.7k |
| CZN | Corazon Mining | 0.004 | 33% | $5,500,000 | 883.3k |
| GTE | Great Western Exploration | 0.005 | 25% | $4,800,000 | 215.0k |
| MHC | Manhattan Corp | 0.005 | 25% | $3,700,000 | 250.0k |
| SCI | Silver City Minerals | 0.01 | 25% | $2,900,000 | 499.8k |
| GPR | Geopacific Resources | 0.02 | 21% | $41,500,000 | 210.0k |
| TCN | Techniche | 0.03 | 21% | $6,100,000 | 58.6k |
| E2E | Eon NRG | 0.006 | 20% | $3,800,000 | 551.0k |
| EVE | EVE Investments | 0.006 | 20% | $14,300,000 | 243.7k |
| NSE | New Standard Energy | 0.006 | 20% | $4,700,000 | 3.8M |
| VAL | Valor Resources | 0.006 | 20% | $11,400,000 | 3.8M |
| LML | Lincoln Minerals | 0.006 | 17% | $4,000,000 | 239.9k |
| IAM | Intiger Group | 0.01 | 14% | $13,400,000 | 500.0k |
| KNL | Kibaran Resources | 0.13 | 13% | $38,000,000 | 17.0k |
| PCK | PainChek | 0.01 | 13% | $29,100,000 | 1.9M |
LOSERS
The losers column was dominated by microcaps, like lithium/ nickel play Caeneus Minerals (ASX:CAD) and tech company AssetOwl (ASX:AO1), who were down 50 per cent and 44 per cent respectively.
| Ticker | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| CAD | Caeneus Minerals | 0.001 | -50% | $1,900,000 | 401.0k |
| AO1 | AssetOwl | 0.01 | -44% | $1,300,000 | 1.2M |
| ARX | Arc Exploration | 0.13 | -32% | $3,300,000 | 2.8k |
| BUY | Bounty Oil & Gas | 0.003 | -25% | $2,900,000 | 20.0k |
| AGE | Alligator Energy | 0.003 | -25% | $3,000,000 | 25.0k |
| TYX | Tyranna Resources | 0.004 | -20% | $3,800,000 | 50.0k |
| NVO | NVOI | 0.004 | -20% | $4,100,000 | 70.0k |
| MNC | Metminco | 0.002 | -20% | $2,400,000 | 125.0k |
| ABL | Abilene Oil and Gas | 0.004 | -20% | $1,600,000 | 17.1k |
| SCL | Schrole Group | 0.009 | -18% | $6,900,000 | 550.0k |
| RDG | Resource Development Group | 0.02 | -17% | $12,600,000 | 125.0k |
| PNX | PNX METALS | 0.005 | -17% | $7,600,000 | 30.0k |
| DTR | Dateline Resources | 0.005 | -17% | $19,900,000 | 2.5M |
| DHR | Dark Horse Resources | 0.005 | -17% | $9,900,000 | 116.4k |
| N27 | Northern Cobalt | 0.06 | -16% | $3,100,000 | 14.5k |
| INK | Indago Energy | 0.04 | -16% | $8,900,000 | 443.1k |
| RFN | Reffind | 0.006 | -14% | $3,100,000 | 570.0k |
| MEM | Memphasys | 0.02 | -13% | $11,000,000 | 1.3M |
