Lunchtime ASX small cap wrap: Who’s looking to run today?

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