Here are the key ASX small cap winners and losers at lunch Thursday Sep 20:

The ASX Small Ords was down 4.6 points or 0.16 per cent to 2,817.4 at 12.40pm AEST.

GOING UP

Drone killer DroneShield (ASX:DRO) was up 19 per cent to an intraday high of 19c this morning after it received regulatory approval from the US to sell its drone-jamming DroneGuns to an undisclosed Middle Eastern country.

The sale is an important milestone for the company, which at the end of June reported $467,389 in customer receipts — while last October it was reporting a sales pipeline of more than $100 million.

Gold explorer Tribune Resources (ASX:TBR) rose 21 per cent this morning to an intraday high of $8.50, its highest ever point, after announcing a special dividend payment to shareholders.

The share price jump represented a $60 million jump in the miner’s market cap to more than $410 million.

Tribune investors will receive a special $3.50 per share — worth a total of $175 million – funded through the sale of its accumulated gold bullion from East Kundana.

Wangle Technologies (ASX:WGL) didn’t have to do much to boost its share price by half. It told the market today that it was changing the name of its family cyber security software suite.

Previously known as Family Insites, it has now been rebranded to the Family Insights.

That news was enough to send the company’s share price up 0.1 of a cent to 0.3c.

Another microcap in Invigor Group (ASX:IVO) rocketed 60 per cent this morning to an intraday high of 0.8c.

On Tuesday it told investors that it had signed a deal with WeChat, the hugely popular Chinese social media and payments app.

It has fluctuated since then but had another big spike this morning, with $209,556 worth of trades.

Here are the best performing ASX small cap stocks at 12.30pm AEST Thu Sep 20: 

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ASX code Company Price change today (12pm) Price (12pm) Volume Market Cap
NIU NIUMINCO GROUP L 1 0.2c 3M 2.7M
IVO INVIGOR GROUP 0.8 0.9c 1M 7.1M
WGL WANGLE TECHNOLOG 0.5 0.3c 18M 5.2M
LKO LAKES OIL NL 0.5 0.3c 15M 60.3M
EUZ EUROPA METALS 0.5 0.3c 300k 11.2M
RND RAND MINING 0.44 $3.46 7k 144.4M
AVQ AXIOM MINING 0.39 13.5c 347k 41.8M
TPD TALON PETROLEUM 0.33 0.4c 210k 3.1M
EPM ECLIPSE METALS L 0.33 0.4c 476k 3.4M
DDD 3D RESOURCES 0.25 0.5c 488k 4.0M
CZR COZIRON RESOURCE 0.25 2c 11k 28.6M
CLZ CLASSIC MINERALS 0.25 0.5c 5M 11.1M
TBR TRIBUNE RES 0.23 $8.60 2k 350.7M
CZL CONSOLIDATED ZIN 0.22 2.2c 6M 16.6M
ZMI ZINC OF IRELAND 0.2 0.6c 6M 10.7M
SDL SUNDANCE RESOURC 0.2 0.6c 5M 45.7M
PSM PENINSULA MINES 0.2 0.6c 350k 4.0M
BLY BOART LONGYEAR L 0.2 0.6c 517k 131.4M
AZI ALTA ZINC 0.2 0.6c 196k 6.8M
VRX VENTNOR RESOURCE 0.2 8.5c 69k 25.9M
OGX ORINOCO GOLD 0.19 3.1c 5M 27.0M
ARL ARDEA RESOURCES 0.18 61.5c 37k 54.6M
PFG PRIME FINANCIAL 0.18 13c 50k 21.0M
VTI VISIONEERING TEC 0.18 19.5c 57k 39.7M
WRM WHITE ROCK MINER 0.17 0.7c 1M 9.8M
RXH REWARDLE HOLDING 0.17 0.7c 150k 2.0M
AAU ADCORP AUSTRALIA 0.17 1.4c 41k 2.2M
FYI FYI RESOURCES 0.14 12c 380k 19.6M
CVS CERVANTES CORP 0.14 0.8c 100k 3.5M
ALY ALCHEMY RESOURCE 0.14 1.6c 2k 6.2M

 

GOING DOWN
Lithium producer Tawana Resources (ASX:TAW) sank 12 per cent on Wednesday after revealing a merger with its partner in the Bald Hill project would not result in a new ASX listing anytime soon.

Tawana shares closed Wednesday at 25c – a 12.3 per cent drop.

The stock was in suspension at 25c on Thursday morning.

Here are the worst performing ASX small cap stocks at 12.30pm AEST Thu Sep 20: 

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ASX code Company Price change today (12pm) Price (12pm) Volume Market Cap
IOT IOT GROUP -0.5 0.1c 689k 2.1M
CUL CULLEN RES -0.5 0.1c 1M 3.9M
4DS 4DS MEMORY -0.42 6.7c 39M 112.2M
NOR NORWOOD SYSTEMS -0.29 0.5c 376k 9.3M
CAG CAPE RANGE -0.22 0.5c 26k 107.9M
AYR ALLOY RESOURCES -0.2 0.4c 200k 7.3M
RD1 REGISTRY DIRECT -0.2 2.4c 3k 3.9M
AU1 AGENCY GROUP AUS -0.2 1.2c 1M 10.3M
SPX SPECTRUM RARE EA -0.17 0.5c 4M 4.2M
MED MERLIN DIAMONDS -0.17 0.5c 6M 19.8M
AVD ANTILLES OIL AND -0.17 3c 132k 4.9M
GCM GARDA CAPITAL GR -0.16 3c 5k 37.3M
BHL BOYUAN HOLDINGS -0.14 30c 12k 120.1M
ERL EMPIRE RESOURCES -0.13 1.3c 1M 7.2M
MRR MINREX RESOURCES -0.13 3.3c 20k 3.5M
RMX RED MOUNTAIN MIN -0.13 0.7c 250k 5.4M
PPY PAPYRUS AUSTRALI -0.13 0.7c 597k 1.8M
KLH KALIA -0.13 0.7c 350k 20.1M
PG1 PEARL GLOBAL -0.12 14.5c 1k 24.0M
ETE ENTEK ENERGY -0.12 1.5c 1M 5.2M
TKM TREK METALS -0.11 1.6c 276k 5.6M
SI6 SIX SIGMA METALS -0.11 0.8c 150k 4.1M
CTM CENTAURUS METALS -0.11 0.8c 10M 19.6M
HXG HEXAGON RESOURCE -0.11 12.5c 100k 40.8M
BMP BUYMYPLACE.COM.A -0.11 7.5c 10k 5.7M
KNM KNEOMEDIA -0.1 1.8c 600k 12.8M
CYQ CYCLIQ GROUP -0.1 0.9c 104k 7.8M
RDF REDFLEX HLDG -0.1 46c 1k 76.3M
SFL SPRING FG -0.1 3.8c 15k 6.0M
AHF AUSTRALIA DAIRY -0.09 14.5c 10k 39.3M