HEAR IT FIRST WITH OUR DAILY NEWSLETTER



We don't spam. Learn more about our Privacy Policy

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: 

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

ASX codeCompanyPrice change today (12pm)Price (12pm)VolumeMarket Cap
NIUNIUMINCO GROUP L10.2c3M2.7M
IVOINVIGOR GROUP0.80.9c1M7.1M
WGLWANGLE TECHNOLOG0.50.3c18M5.2M
LKOLAKES OIL NL0.50.3c15M60.3M
EUZEUROPA METALS0.50.3c300k11.2M
RNDRAND MINING0.44$3.46 7k144.4M
AVQAXIOM MINING0.3913.5c347k41.8M
TPDTALON PETROLEUM0.330.4c210k3.1M
EPMECLIPSE METALS L0.330.4c476k3.4M
DDD3D RESOURCES0.250.5c488k4.0M
CZRCOZIRON RESOURCE0.252c11k28.6M
CLZCLASSIC MINERALS0.250.5c5M11.1M
TBRTRIBUNE RES0.23$8.60 2k350.7M
CZLCONSOLIDATED ZIN0.222.2c6M16.6M
ZMIZINC OF IRELAND0.20.6c6M10.7M
SDLSUNDANCE RESOURC0.20.6c5M45.7M
PSMPENINSULA MINES0.20.6c350k4.0M
BLYBOART LONGYEAR L0.20.6c517k131.4M
AZIALTA ZINC0.20.6c196k6.8M
VRXVENTNOR RESOURCE0.28.5c69k25.9M
OGXORINOCO GOLD0.193.1c5M27.0M
ARLARDEA RESOURCES0.1861.5c37k54.6M
PFGPRIME FINANCIAL0.1813c50k21.0M
VTIVISIONEERING TEC0.1819.5c57k39.7M
WRMWHITE ROCK MINER0.170.7c1M9.8M
RXHREWARDLE HOLDING0.170.7c150k2.0M
AAUADCORP AUSTRALIA0.171.4c41k2.2M
FYIFYI RESOURCES0.1412c380k19.6M
CVSCERVANTES CORP0.140.8c100k3.5M
ALYALCHEMY RESOURCE0.141.6c2k6.2M

 

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: 

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

ASX codeCompanyPrice change today (12pm)Price (12pm)VolumeMarket Cap
IOTIOT GROUP-0.50.1c689k2.1M
CULCULLEN RES-0.50.1c1M3.9M
4DS4DS MEMORY-0.426.7c39M112.2M
NORNORWOOD SYSTEMS-0.290.5c376k9.3M
CAGCAPE RANGE-0.220.5c26k107.9M
AYRALLOY RESOURCES-0.20.4c200k7.3M
RD1REGISTRY DIRECT-0.22.4c3k3.9M
AU1AGENCY GROUP AUS-0.21.2c1M10.3M
SPXSPECTRUM RARE EA-0.170.5c4M4.2M
MEDMERLIN DIAMONDS-0.170.5c6M19.8M
AVDANTILLES OIL AND-0.173c132k4.9M
GCMGARDA CAPITAL GR-0.163c5k37.3M
BHLBOYUAN HOLDINGS-0.1430c12k120.1M
ERLEMPIRE RESOURCES-0.131.3c1M7.2M
MRRMINREX RESOURCES-0.133.3c20k3.5M
RMXRED MOUNTAIN MIN-0.130.7c250k5.4M
PPYPAPYRUS AUSTRALI-0.130.7c597k1.8M
KLHKALIA-0.130.7c350k20.1M
PG1PEARL GLOBAL-0.1214.5c1k24.0M
ETEENTEK ENERGY-0.121.5c1M5.2M
TKMTREK METALS-0.111.6c276k5.6M
SI6SIX SIGMA METALS-0.110.8c150k4.1M
CTMCENTAURUS METALS-0.110.8c10M19.6M
HXGHEXAGON RESOURCE-0.1112.5c100k40.8M
BMPBUYMYPLACE.COM.A-0.117.5c10k5.7M
KNMKNEOMEDIA-0.11.8c600k12.8M
CYQCYCLIQ GROUP-0.10.9c104k7.8M
RDFREDFLEX HLDG-0.146c1k76.3M
SFLSPRING FG-0.13.8c15k6.0M
AHFAUSTRALIA DAIRY-0.0914.5c10k39.3M