Could this year’s Tokyo Olympic Games get shafted by coronavirus fears? VP of the International Olympic Committee (IOC) and real person Dick Pound reckons so.

The IOCs longest serving member (actually true) said there was likely a three-month window to determine the fate of the Olympics as coronavirus spreads across the globe.

#DickPound is now trending on Twitter, which is apparently something that happens every few years:

Overall, market sentiment is up and down as the coronavirus story develops.The ASX200 and Small Ords Indexes both softened in morning trade, down 0.18 per cent and 0.06 per cent respectively.

 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Thursday February 27:

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CODE NAME PRICE % CHANGE MARKET CAP
RFN Reffind 0.004 +33.33% $3.4M
SUD Suda Pharmaceuticals 0.07 +29.63% $10.0M
PSZ PS&C 0.03 +28.57% $9.5M
NSX NSX 0.24 +26.32% $44.8M
CLZ Classic Minerals 0.0025 +25.00% $14.4M
CZN Corazon Mining 0.0025 +25.00% $6.0M
PPG Pro-Pac Packaging 0.12 +21.21% $97.3M
VUL Vulcan Energy Resources 0.29 +20.83% $14.1M
HWK Hawkstone Mining 0.006 +20.00% $6.1M
QFY Quantify Technology 0.003 +20.00% $5.8M
REV Real Estate Investar Group 0.012 +20.00% $2.8M
BCC Beam Communications 0.25 +19.51% $13.0M
AUC Ausgold 0.02 +17.65% $21.0M
IFM Infomedia 2.15 +16.85% $684.4M
KTA Krakatoa Resources 0.04 +16.67% $7.7M
BEE Broo 0.014 +16.67% $9.8M
BLZ Blaze International 0.014 +16.67% $2.9M
TOE Toro Energy 0.007 +16.67% $17.4M
VOR Vortiv 0.007 +16.67% $19.5M
WNB Wellness and Beauty Solutions 0.0035 +16.67% $3.6M

Packaging company Pro-Pac Packaging (ASX:PPG) (say that fast) was among the morning’s biggest gainers, up ~20 per cent in early trade.

The company announced a $7.6m profit — a big turnaround from last year’s $144m loss (which was due to a one-off good will impairment).

It also was able to pay down over $6m in debt due to earnings growth.

Gold explorers Ausgold (ASX:AUC), Toro Energy (ASX:TOE), Classic Minerals (ASX:CLZ) and Marmota (ASX:MEU) also nudged higher on interesting exploration results at their respective projects.

 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Thursday February 27:

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CODE NAME PRICE % CHANGE MARKET CAP
SBR Sabre Resources 0.001 -33.33% $852K
PCH Property Connect 0.001 -33.33% $686K
DVN Devine 0.1 -28.57% $15.9M
MEI Meteoric Resources 0.02 -26.92% $21.3M
ANL Amani Gold 0.0015 -25.00% $9.2M
TPD Talon Petroleum 0.003 -20.00% $3.6M
FTT Factor Therapeutics 0.0025 -16.67% $2.6M
DDD 3D Resources 0.0025 -16.67% $3.5M
AGE Alligator Energy 0.0025 -16.67% $3.5M
IGN Ignite 0.02 -15.79% $1.4M
SGC SACGASCO 0.02 -14.29% $6.5M
GNM Great Northern Minerals 0.006 -14.29% $2.1M
SEI Speciality Metals International 0.03 -13.16% $32.5M
EM1 Emerge Gaming 0.007 -12.50% $4.6M
AWN Arowana International 0.1 -12.50% $16.6M
GBR Great Boulder Resources 0.04 -12.50% $4.7M
G1A Galena Mining 0.22 -12.24% $82.9M
CHN Chalice Gold Mines 0.23 -11.54% $64.4M
RXL Rox Resources 0.02 -11.54% $33.5M

Brazilian gold explorer Meteoric Resources (ASX:MEI) wasn’t as fortunate as its counterparts, plummeting ~27 per cent on some not-so-good drilling results at the Novo Astro project.