Lunchtime ASX small cap wrap: Who’s not sweating under pressure today?

Link copied to
clipboard

Here’s a question: what do English cricket legend Sir Alastair Cook and Prince Andrew (allegedly) have in common?

As it turns out, they both suffered — or have suffered at one point — from anhidrosis.

It’s a rare and often misunderstood condition that inflicts on the sufferer an inability to sweat properly.

Symptoms include cramps, nausea and an elevated heartbeat. And also — given that sweating is the body’s mechanism to cool itself — an uncomfortable sensation of overheating.

Cook, the former English captain, may have constantly looked cool under pressure facing the fastest bowlers in the world. But in fact, he was dealing with a mild version of the disease while he plundered 12,472 test runs.

And according to the Duke of York, he also suffered from the condition (at least temporarily) — which he attributed to his response to heightened adrenaline during the Falklands War in a troubling interview with the BBC over the weekend.

Turning to stocks, and a few listed companies were feeling the pressure this morning as the ASX200 fell by more than 0.5 per cent into midday trade. The Small Ords fared slightly worse, down by around 0.7 per cent.

Going up

Medtech company HeramMED (ASX:HMD) rose strongly for the second straight day, after some positive news out of the US. The company said its HeraBEAT pregnancy monitoring solution has been approved by the US Food & Drug Administration (FDA).

As evidence that the market views accreditation from US regulators as a relatively difficult thing to achieve, shares in HMD rose by more than 25 per cent and held their gains into midday trade.

Here are the best performing ASX small cap stocks at lunchtime, Monday November 18:

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

Going down

Among the laggards, small-business lender Prospa (ASX:PGL) caught the market’s attention, as it slumped by more than 25 per cent after issuing a revenue downgrade.

The stock, which listed in June this year at $3.78, fell by more than $1 in morning trade to around $2.80.

Here are the worst performing ASX small cap stocks at lunchtime, Monday November 18:

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

share

• 
• 
• 
• 

Link copied to
clipboard

SUBSCRIBE

Get the latest Stockhead news delivered free to your inbox.

"*" indicates required fields

Name*

Email*

Hidden

Email Lists

Morning Update

Lunch Update

Market Close Update

Weekend Update

It's free. Unsubscribe whenever you want.

By proceeding, you confirm you understand that we handle personal information in accordance with our Privacy Policy.

You might be interested in

Health & Biotech

ASX Health Stocks: Painchek's Europe patent accepted; and HeraMed signs deal with Telstra Health

November 21, 2023 | Eddy Sunarto

News

Rise and Shine: Everything you need to know before the ASX opens

November 9, 2023 | Eddy Sunarto

News

Closing Bell: ASX up for another day, Optus plugs back in as Telstra gains

November 8, 2023 | Nadine McGrath and Rob Badman