Lunchtime ASX small cap wrap: Who’s riding a stormquake today?

You’ve heard of earthquakes and storms — but you probably haven’t heard of ‘stormquakes’.

Scientists this week have christened waves birthed from energy in sea storms with the befitting name. And between 2006 and 2015 there were 14,077 of them.

Seismologists have discovered "stormquakes." They happen when hurricanes shake the seafloor so much that it rumbles like a magnitude 3.5 earthquake.https://t.co/K1TZUloIQI

— Los Angeles Times (@latimes) October 16, 2019

If you hear ‘stormquake’ in the future to describe share market activity now you know what it means.

You probably won’t be hearing that today with the markets being quiet. Nevertheless, the ASX Small Ords is down 0.27 per cent to 2,874 and the ASX200 is down 0.40 per cent to 6,658.

Going up

Hyundai customers can now sign up to Collaborate’s (ASX:CL8) car subscription software via it’s dealing network. Shares are up 44 per cent.

The company once known as Alchemia has re-entered the ASX as Australian Primary Hemp (ASX:APH) and its gained 36 per cent. A few years ago it was a biotech but failed a clinical trial and fell; but as its name suggests its now a hemp producer.

Here are the best performing ASX small cap stocks at lunchtime, Friday October 18:

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

Going down

American based semiconductor stock Revasum (ASX:RVS) downgraded its revenues for the second half of 2019 and its fallen 26 per cent.

Here are the worst performing ASX small cap stocks at lunchtime, Friday October 18:

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