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Here are the key ASX small cap winners and losers at lunchtime Friday June 15. 

The ASX Small Ords index was at a near seven-year high of 2,886.8 at 1pm — up 33 points or 1.2 per cent.

GOING UP

Baraka Energy and Resources (ASX:BKP) was the most active small cap on the market this morning, tripling in price after a group of shareholders moved to turn over the board.

Baraka said shareholders representing 5.19 per cent of the register asked for a general meeting to remove three directors (Collin Vost, Justin Vost and Mr Ray Chang) and replace them with Jason Brewer,  Christopher Zielinski and Patrick Glovac.

The shares moved from 0.1c to 0.3c with 130 million changing hands.

The meeting is due within two months.

Loss-making web developer Asia Pacific Digital (ASX:DIG) doubled to 12c by 1.15pm AEST Friday after a takeover offer from newly listed marketing agency Trimantium GrowthOps (ASX:TGO).

Asia Pacific Digital had been looking for a suitor since losing its major client Ford which it said in February had “negatively affected four consecutive reporting periods”.

Trimantium (ASX:TGO) has made a $20 million all-scrip takeover bid.

Asia Pacific endorsed the bid which offers one TGO share for every 8.9 APD shares based on TGO’s June 14 closing price of $1.23.

3D printer Robo 3D (ASX:RBO) jumped 68 per cent today after buying the world’s biggest library of 3D printable kits designed for schools.

Robo 3D will pay the owners of Atlanta-based MyStemKits $US2 million ($2.6 million) including $US1.2 million in cash plus shares issued under a 12-month escrow.

The shares were up 68 per cent this morning to an intraday high of 3.7c — though still well down on their one-year high of 7.2c. The shares cooled to 2.8c by 1.15pm AEST.

Gold explorer De Grey Mining (ASX:DEG) climbed 11 per cent to an intraday high of 20c on Friday after finding more gold mineralisation at shallow depths in the Pilbara.

Recent drilling at the Mallina prospect has returned several shallow gold hits – most of which are at less than 60m deep.

Graphite play Battery Minerals (ASX:BAT) was heavily traded this morning as it bounced back slightly after a 35 per cent drop earlier this week when investor Resource Capital Funds pulled out of a deal saying the graphite market “no longer meets its investment criteria”.

It’s been a rough time for ASX graphite stocks of late — with most sliding further this week.

Battery Minerals shares were up 10 per cent to an intraday high of 3.4c with more than 12 million shares changing hands by 1.20pm AEST.

Newly listed broadband disruptor 5G Networks (ASX:5GN) moved ahead 9 per cent today after telling investors it’s ahead of sales targets.

5G connects medium-sized businesses to high speed internet on fibre networks (and has nothing to do with 5G mobile networks).

5G shares have reached as high as 93c compared to their 25c issue price. Today they were up 9 per cent at an intraday high of 50c.

Here’s a snapshot of the best performing ASX small caps at 12.45pm AEST Friday June 15.

Swipe or scroll for full table. Click headings to sort data:

ASX codeCompanyPrice change today (to 12.30pm )Price Jun 14 (12.30pm)Market CapVolume
DIGASIA PACIFIC DIG10.128.6M3k
BDIBLINA MINERALS10.0024.3M6M
WOFWOLF PETROLEUM0.5555555555560.0146.4M723k
LKOLAKES OIL0.50.00357.6M6M
EMPEMPEROR ENERGY0.50.0031.8M4M
CHPCHAPMANS0.50.0033.6M1M
BKPBARAKA ENERGY0.50.0035.3M30M
RBOROBO 3D0.3636363636360.038.1M621k
JPRJUPITER ENERGY0.3428571428570.0475.4M12k
TKFTIKFORCE0.3333333333330.004581.6k3M
MNBMINBOS RESOURCES0.3333333333330.00416.0M4M
PG1PEARL GLOBAL0.2727272727270.2122.6M90k
ADTADRIATIC0.2656250.40541.9M2M
SUDSUDA0.250.019.8M444k
CLZCLASSIC MINERALS0.250.0056.9M2M
OPGOPUS GROUP0.2467532467530.4840.6M526k
KPOKALINA POWER0.2352941176470.0217.5M460k
GLLGALILEE ENERGY0.2222222222220.2234.1M419k
XSTXSTATE RESOURCES0.20.0063.9M2M
TAUTRUSTEES AUSTRAL0.20.1812.9M2k
ICGINCA MINERALS0.20.00613.0M139k
DW8DAWINE0.20.0062.9M150k
CZRCOZIRON RESOURCE0.20.01826.8M165k
RACRACE ONCOLOGY0.195121951220.24515.5M43k
BATBATTERY MINERALS0.09677419354840.03429.5M11M
EOSELECTRO OPTIC0.06785714285712.99254.6M1k
PCKPAINCHEK0.06779661016950.06349.4M126k
TV2TV2U0.06666666666670.01629.4M3M
DEGDE GREY MINING0.05555555555560.1960.2M790k

GOING DOWN

Hawkstone Mining (ASX:HWK) fell 27 per cent on Friday morning after telling investors it’s not going ahead with the acquisition of USA Lithium.

The company — which was formerly South African-focused coal miner ZYL — told investors a deal could not be reached between the two parties.

The acquisition would have added two lithium projects – the Big Sandy lithium clay project in Arizona and the Lordsburg lithium brine project in New Mexico – to its portfolio.

As part of the deal, well known mining personality Klaus Eckhof was set to join the board.

The shares had slipped to an intra-day low of 1.6c by 1.20pm AEST Friday.

Here’s a snapshot of the worst performing ASX small caps at 12.45pm AEST Friday June 15.

Swipe or scroll for full table. Click headings to sort data:

ASX codeCompanyPrice change today (to 12.30pm )Price Jun 14 (12.30pm)Market CapVolume
HWKHAWKSTONE MINING-0.2727272727270.0166.6M991k
AQSAQUIS ENTERTAINM-0.250.037.4M10k
THDTHRED-0.250.0037.2M350k
RRSRANGE RESOURCES-0.250.00330.4M5M
BASBASS OIL-0.20.00413.0M5M
SERSTRATEGIC ENERGY-0.1666666666670.0055.0M109k
EMUEMU-0.1666666666670.0757.0M36k
DEVDEVEX RESOURCES-0.1666666666670.0055.5M14M
CMDCASSIUS MINING-0.160.04213.1M20k
RXLROX RESOURCES-0.1538461538460.01115.7M376k
CASCRUSADER RESOURC-0.1515151515150.02816.6M1M
RVAREVA MEDICAL-0.1428571428570.21101.2M45k
BMPBUYMYPLACE.COM.A-0.1304347826090.17.8M5k
AGEALLIGATOR ENERGY-0.1250.0074.8M200k
MSMMSM-0.1250.02110.3M4M
TRLTANGA RESOURCES-0.1111111111110.0086.1M756k
RMXRED MOUNTAIN-0.1111111111110.0086.1M791k
QTMQUANTUM ENERGY-0.1111111111110.01619.4M42k
DTMDART MINING-0.1111111111110.0085.8M100k
AZIALTA ZINC-0.1111111111110.00812.3M36k
WMCWONHE MULTIMEDIA-0.104477611940.0610.2M61k
ENTENTERPRISE METAL-0.10.0187.1M390k
CTLCENTENNIAL MININ-0.10.00910.4M2M
THXTHUNDELARRA-0.09523809523810.01913.3M507k
DTZDOTZ NANO-0.09459459459460.06711.2M561k