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Lunchtime ASX small cap wrap: Who’s pretending it’s not happening today?
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For those people dodging social media don’t worry — this lunch wrap will be your oasis from GoT spoilers.
But we can talk about Endgame, and the fact it’s about to end Avatar’s decade-long reign as the biggest movie of all time.
(Which is a pretty amazing run for a movie that wasn’t even that great.)
Plus, the Detective Pikachu cinematographer is stoked that his “CGI monstrosities” look less awful than Sonic’s.
“And I’m sorry, I don’t care who I upset by saying that,” Pikachu’s John Mathieson says.
US markets, on the other hand, were looking good on Friday. Commsec says investors were encouraged by strong employment and wage growth data, supported by solid company earnings results.
Then Donald Trump threatened China with higher tariffs — which saw local markets drop in morning trade with the ASX Small Ords plummeting 44.7 points to 2802.
Here are the key ASX small cap winners and losers at lunch Monday May 6:
GOING UP
Shares in Bubs Australia (ASX:BUB) have once again hit a new all-time high after launching a new range of organic, grass-fed cattle milk infant formula.
Robot house-shell builder FBR (ASX:FBR) has struck another joint venture this time with a local partner rather than a global behemoth — and its shares are going nuts.
Hawkstone Mining (ASX:HWK) was up 38 per cent in morning trade after hitting thick high grade (and shallow) lithium in Arizona, while fellow lithium play Liontown (ASX:LTR) was also up 35 per cent, this time on no news.
The WA explorer is now up almost 100 per cent since the start of May.
And Volvo likes an interactive VR experience from ServTech (ASX: SVT) so much it’s going to implement it, sending the stock up 18 per cent in morning trade.
The Italian subsidiaries of these companies signed a one-year agreement where ServTech will help Volvo roll out VR technology in its vehicles and sales operations.
Here are the best performing ASX small cap stocks at 12pm Monday May 6:
Swipe or scroll to reveal the full table. Click headings to sort
| Ticker | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| SRO | Shareroot | 0.002 | 100% | $3,100,000 | 250.0k |
| ADD | Adavale Resources | 0.003 | 50% | $330,000 | 4.3k |
| AYR | Alloy Resources | 0.003 | 50% | $4,700,000 | 10.0k |
| PBX | Pacific Bauxite | 0.01 | 43% | $3,600,000 | 1.2M |
| HWK | Hawkstone Mining | 0.02 | 38% | $10,300,000 | 587.5k |
| LTR | Liontown Resources | 0.05 | 35% | $77,100,000 | 57.8M |
| MLS | Metals Australia | 0.002 | 33% | $5,400,000 | 915.0k |
| PWN | Parkway Minerals | 0.004 | 33% | $2,400,000 | 1.0M |
| PSM | Peninsula Mines | 0.005 | 25% | $4,300,000 | 537.4k |
| SYT | Syntonic | 0.005 | 25% | $16,200,000 | 8.2M |
| TV2 | TV2U International | 0.005 | 25% | $11,100,000 | 1.0M |
| CM8 | Crowd Media | 0.02 | 23% | $3,700,000 | 1.2M |
| DW8 | Digital Wine Ventures | 0.006 | 20% | $5,400,000 | 2.6M |
| RFN | Reffind | 0.006 | 20% | $3,100,000 | 1.0M |
| SRN | Surefire Resources | 0.006 | 20% | $3,000,000 | 141.0k |
| FBR | FBR | 0.09 | 19% | $123,500,000 | 11.1M |
| MEB | Medibio | 0.013 | 18% | $3,200,000 | 66.5k |
| SRZ | Stellar Resources | 0.013 | 18% | $4,900,000 | 2.9k |
| SUP | Superior Lake Resources | 0.03 | 18% | $22,500,000 | 1.5M |
| NVO | NVOI | 0.02 | 18% | $20,700,000 | 56.3M |
| SVT | ServTech Global | 0.02 | 18% | $12,500,000 | 15.6M |
| BUB | Bubs Australia | 1.55 | 17% | $754,200,000 | 28.6M |
GOING DOWN
Here are the worst performing ASX small cap stocks at 12pm Monday May 6:
Swipe or scroll to reveal the full table. Click headings to sort
| Ticker | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| TMK | Tamaska Oil & Gas | 0.001 | -50% | $2,000,000 | 14.0M |
| PCH | Property Connect | 0.003 | -25% | $2,100,000 | 100.0k |
| MZN | Marindi Metals | 0.003 | -25% | $6,300,000 | 6.5M |
| KLH | Kalia | 0.0015 | -25% | $3,800,000 | 4.6M |
| GES | Genesis Resources | 0.01 | -25% | $4,700,000 | 30.0k |
| DRE | Dreadnought Resources | 0.003 | -25% | $3,300,000 | 20.2k |
| CGA | Contango Asset Management | 0.34 | -24% | $16,700,000 | 2.4k |
| MRQ | MRG Metals | 0.004 | -20% | $2,700,000 | 1.0M |
| GMC | Gulf Manganese | 0.004 | -20% | $16,900,000 | 3.2M |
| CTO | Citigold | 0.004 | -20% | $8,600,000 | 96.9k |
| AUL | Austar Gold | 0.004 | -20% | $13,600,000 | 780.0k |
| IPD | ImpediMed | 0.22 | -19% | $81,700,000 | 3.5M |
| HLX | Helix Resources | 0.02 | -17% | $8,100,000 | 718.0k |
| IEC | Intra Energy | 0.02 | -15% | $6,600,000 | 2.7M |
| MGL | Magontec | 0.02 | -15% | $26,200,000 | 1.8M |
| ESR | Estrella Resources | 0.012 | -14% | $6,400,000 | 1.1M |
| CI1 | Credit Intelligence | 0.012 | -14% | $9,800,000 | 1.8M |
| OKR | Okapi Resources | 0.13 | -14% | $4,300,000 | 86.9k |
| XTD | XTD | 0.03 | -13% | $3,600,000 | 1.8k |
