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Here are the key ASX small cap winners and losers at lunch Wednesday November 7:
The ASX Small Ords was up 16 points or 0.6 per cent to 2,640 at 12.50pm AEST.
GOING UP
Purifloh (ASX:PO3) is the small cap winner of the day with its shares rising an eye-bulging 320 per cent this morning.
The water purifier hit an intraday high of $2.10, up from its close yesterday of 50c. That’s the highest point for the company since it was known as Water Resources Group in 2013.
The shares zoomed up towards the $2.40 issue price of a $9.6 million placement to US investor Bill Parfet, who is joining the board.
Mr Parfet now controls 16 per cent of the company.
Shareholders in Paradigm Biopharma (ASX:PAR) were celebrating this morning as the stock breached the $1 barrier for the first time.
It was off the back of news osteoarthritis patients treated with Paradigm Biopharma’s repurposed drug are reporting significant reduction in knee pain ahead of a formal release of trial results expected before Christmas.
It pushed the shares up 15 per cent this morning to a record high of $1.10. The stock has more than tripled from around 30c in April.
Australian Mines (ASX:AUZ) is up 16 per cent to an intraday high of 5.7c this morning after it announced the quality of its scandium oxide had been verified by a partner.
Australian Mines (ASX:AUZ) said British alloy company Metalysis analysed scandium oxide from its Sconi project in Queensland.
“The oxide has met all chemical and physical requirements to be ideal for use in an aluminium-scandium feedstock to support master alloy development,” AusMines reported.
Mobile gamer iCandy Interactive (ASX:ICI) responded to an ASX speeding ticket after its shares rose 61 per cent to an intraday high of 8.4c.
iCandy, which has been quiet of late, said they had no news to share.
Here are the best performing ASX small cap stocks at 12.15pm Wednesday November 7:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | Price change today (12.15pm) | Price (12.15pm) | Volume | Market Cap |
|---|---|---|---|---|---|
| PO3 | PURIFLOH | 2.78 | 1.89 | 52k | 13.6M |
| ICI | ICANDY INTERACTI | 0.61 | 0.082 | 3M | 15.6M |
| OEX | OILEX | 0.6 | 0.008 | 14M | 11.3M |
| WGL | WANGLE TECHNOLOG | 0.5 | 0.003 | 4M | 5.2M |
| THD | THRED | 0.5 | 0.003 | 2M | 4.5M |
| PCL | PANCONTINENTAL | 0.5 | 0.003 | 3M | 13.5M |
| DDT | DATADOT TECHNOLO | 0.5 | 0.003 | 376k | 2.0M |
| CUL | CULLEN RES | 0.33 | 0.02 | 37k | 1.8M |
| IVO | INVIGOR GROUP | 0.33 | 0.008 | 3M | 9.0M |
| KP2 | KORE POTASH-CDI | 0.26 | 0.12 | 75k | 81.6M |
| TRY | TROY RES | 0.26 | 0.125 | 5M | 45.7M |
| TYK | TYCHEAN RESOURCE | 0.25 | 0.005 | 1M | 2.3M |
| OVL | ORO VERDE | 0.25 | 0.005 | 250k | 6.2M |
| MRQ | MRG METALS | 0.25 | 0.005 | 12M | 2.7M |
| BKP | BARAKA ENERGY AN | 0.25 | 0.005 | 160k | 12.7M |
| AUL | AUSTAR GOLD | 0.25 | 0.005 | 1M | 13.6M |
| KAS | KASBAH RESOURCES | 0.22 | 0.011 | 5M | 9.4M |
| 88E | 88 ENERGY | 0.21 | 0.023 | 21M | 109.7M |
| 4CE | FORCE COMMODITIE | 0.21 | 0.029 | 2M | 10.2M |
| ELT | ELEMENTOS | 0.2 | 0.006 | 2M | 7.4M |
| DKM | DUKETON MINING L | 0.2 | 0.18 | 10k | 17.7M |
| CUX | CROSSLAND STRATE | 0.2 | 0.006 | 39k | 5.1M |
| AR9 | ARCHTIS | 0.2 | 0.18 | 73k | 18.5M |
| IHL | IMPRESSION HEALT | 0.2 | 0.03 | 2M | 8.6M |
| QFY | QUANTIFY TECHNOL | 0.18 | 0.013 | 350k | 6.4M |
| PM8 | PENSANA METALS L | 0.17 | 0.021 | 3M | 20.9M |
| TV2 | TV2U INTERNATION | 0.17 | 0.007 | 407k | 12.2M |
| CHK | COHIBA MINERALS | 0.17 | 0.007 | 100k | 3.3M |
| LVH | LIVEHIRE | 0.16 | 0.355 | 6k | 81.3M |
| SES | SECOS GROUP | 0.16 | 0.072 | 622k | 14.8M |
GOING DOWN
Shares in New Energy Minerals (ASX:NXE) slid nearly 21 per cent to 5.8c just after market open this morning.
The company has been handed a demand from a private financier to repay a $5.1 million debt — but the vanadium and graphite explorer is disputing how much it owes.
The demand was served by Arena Structured Private Investments, which holds convertible notes worth $2.5 million — excluding interest of about $104,000.
Here are the worst performing ASX small cap stocks at 12.15pm Wednesday November 7:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | Price change today (12.15pm) | Price (12.15pm) | Volume | Market Cap |
|---|---|---|---|---|---|
| IKW | IKWEZI MINING | -0.33 | 0.002 | 73k | 3.0M |
| MLS | METALS AUSTRALIA | -0.25 | 0.003 | 710k | 8.2M |
| GLA | GLADIATOR RESOUR | -0.25 | 0.003 | 1M | 3.5M |
| BAS | BASS OIL | -0.25 | 0.003 | 1M | 10.4M |
| NXE | NEW ENERGY MINER | -0.18 | 0.06 | 927k | 8.5M |
| MZN | MARINDI METALS L | -0.17 | 0.005 | 1M | 11.9M |
| AOA | AUSMON RESOURCES | -0.15 | 0.005 | 3M | 3.3M |
| IAM | INTIGER GROUP | -0.15 | 0.011 | 300k | 21.8M |
| WLC | WOLLONGONG COAL | -0.14 | 0.006 | 117k | 65.6M |
| CHPDD | CHAPMANS | -0.14 | 0.006 | 284k | 1.9M |
| ADV | ARDIDEN | -0.14 | 0.006 | 25k | 11.7M |
| NVO | NVOI | -0.13 | 0.013 | 3M | 6.2M |
| FEL | FE | -0.13 | 0.013 | 20k | 5.6M |
| KAM | K2 ASSET MGMT | -0.13 | 0.1 | 15k | 27.7M |
| CAF | CENTREPOINT ALLI | -0.13 | 0.1 | 45k | 18.0M |
| AIV | ACTIVEX | -0.13 | 0.17 | 10k | 34.6M |
| TKL | TRAKA RESOURCES | -0.13 | 0.028 | 41k | 10.6M |
| RMX | RED MOUNTAIN MIN | -0.13 | 0.007 | 582k | 5.4M |
| EM1 | EMERGE GAMING | -0.13 | 0.007 | 125k | 4.7M |
| DTM | DART MINING NL | -0.13 | 0.007 | 42k | 6.9M |
| CM1 | COOLGARDIE MINER | -0.13 | 0.105 | 375k | 12.4M |
| LKE | LAKE RESOURCES | -0.12 | 0.11 | 1M | 45.0M |
| AVC | AUCTUS ALTERNATI | -0.12 | 0.03 | 275k | 8.9M |
| A1C | AIC RESOURCES | -0.11 | 0.16 | 10k | 13.5M |
| SBR | SABRE RES | -0.11 | 0.008 | 76k | 3.7M |
| LMG | LATROBE MAGNESIU | -0.11 | 0.008 | 440k | 11.3M |
| WND | WINDLAB | -0.11 | 1.05 | 21k | 79.8M |
| ORN | ORION MINERALS L | -0.11 | 0.025 | 50k | 52.5M |
| SMX | SECURITY MATTERS | -0.11 | 0.465 | 47k | 50.7M |
| QEM | QEM | -0.1 | 0.175 | 85k | 19.5M |
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