Lunchtime ASX small cap wrap: Who’s scoring touchdowns today?
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News
This morning’s market open (10am eastern time) coincided with the start of the biggest event on the US sporting calendar — Super Bowl LIV.
This year’s big game features the Kansas City Chiefs going up against the San Fransisco 49ers, and heading into halftime it was all tied up at 10-10.
Of course, that’s when the second act begins; the Super Bowl halftime show which this year is being headlined by a couple of latina legends from the “naughties” — Jennifer Lopez and Shakira. (And there’s a plethora of witty Super Bowl advertisements for good measure).
Now, the NFL may not be as popular as the AFL or NRL Down Under, but the sport still has a reasonably strong following here. Which means there may be a higher incidence of annual leave days (and a few “sickies”) to start the week.
And if you’re an ASX stock picker, market analyst or fund manager, today was probably a good day to avoid showing up to work.
The local index slumped by more than 1.5 per cent, on the back of a brutal selloff in the US on Friday night when concerns about the spread of coronavirus gave rise to a hefty dose of risk-off sentiment.
The ASX Small Ords index fell to 2,946.70 points heading into midday trade — a fall of 1.63 per cent.
Here are the best performing ASX small cap stocks at 12pm Monday February 3:
Swipe or scroll to reveal the full table. Click headings to sort.
Ticker | Name | Price | % Chg | Market Cap |
---|---|---|---|---|
VMG | VDM Group Ltd | 0.0015 | +50.00% | $10.4M |
ADV | Ardiden Ltd | 0.004 | +33.33% | $7.2M |
HCT | Holista CollTech Ltd | 0.12 | +27.66% | $28.1M |
GMR | Golden Rim Resources Ltd | 0.01 | +25.00% | $11.6M |
DTR | Dateline Resources Ltd | 0.0025 | +25.00% | $20.5M |
PNN | PepinNini Lithium Ltd | 0.0025 | +25.00% | $3.6M |
ANL | Amani Gold Ltd | 0.0025 | +25.00% | $15.3m |
KGM | KalNorth Gold Mines Ltd | 0.005 | +25.00% | $4.5M |
BMG | BMG Resources Ltd | 0.005 | +25.00% | $2.9M |
KIN | Kin Mining NL | 0.04 | +22.58% | $21.7M |
ARE | Argonaut Resources NL | 0.006 | +20.00% | $9.5M |
VRC | Volt Resources Ltd | 0.013 | +18.18% | $22.6m |
OEC | Orbital Corp Ltd | 0.51 | +17.24% | $38.8M |
WWI | West Wits Mining Ltd | 0.014 | +16.67% | $13.1M |
GTE | Great Western Exploration Ltd | 0.0035 | +16.67% | $5.1M |
IMS | Impelus Ltd | 0.007 | +16.67% | $4.8m |
BNL | Big Star Energy Ltd | 0.007 | +16.67% | $5.1M |
KAI | Kairos Minerals Ltd | 0.007 | +16.67% | $7.1M |
MTC | MetalsTech Ltd | 0.05 | +15.00% | $5.4M |
BKY | Berkeley Energia Ltd | 0.22 | +13.16% | $55.6M |
Broadly speaking, the threat of untreatable disease has a negative effect on economic activity. But for some companies, it also creates opportunitites.
Holista went into a trading halt last week after announcing a spike in demand out of Malaysia for its disinfectant spray, NatShield. In morning trade today the stock jumped by more than 2c to 11.5c, for an intra-day gain of around 20 per cent.
Golden Rim Resources (ASX:GRM)
The minnow metals explorer also had a good start to the week, after announcing some high-grade gold strikes at its Kouri project in the land-locked West African nation of Burkina Faso.
Here are the worst performing ASX small cap stocks at 12pm Monday February 3:
Swipe or scroll to reveal the full table. Click headings to sort.
Ticker | Name | Price | % Chg | Market Cap |
---|---|---|---|---|
CAD | Caeneus Minerals Ltd | 0.001 | -50.00% | $2.6M |
SE1 | Sensera Ltd | 0.03 | -40.43% | $9.0M |
ROG | Red Sky Energy Ltd | 0.001 | -33.33% | $3.3M |
PRM | Prominence Energy Ltd | 0.002 | -33.33% | $1.3M |
AAJ | Aruma Resources Ltd | 0.001 | -33.33% | $1.4M |
GLV | Global Oil & Gas Ltd | 0.002 | -33.33% | $3.1M |
FGO | Flamingo AI Ltd | 0.001 | -33.33% | $1.1M |
CZL | Consolidated Zinc Ltd | 0.007 | -30.00% | $11.7M |
WNB | Wellness and Beauty Solutions | 0.005 | -28.57% | $5.2M |
EXL | Elixinol Global Ltd | 0.57 | -25.97% | $80.0M |
VAL | Valor Resources Ltd | 0.003 | -25.00% | $5.7M |
APG | Austpac Resources NL | 0.0015 | -25.00% | $4.4M |
HWK | Hawkstone Mining Ltd | 0.006 | -25.00% | $4.9M |
MRQ | MRG Metals Ltd | 0.011 | -21.43% | $11.6M |
SIS | Simble Solutions Ltd | 0.02 | -21.05% | $2.5M |
OPL | Opyl Ltd | 0.12 | -20.00% | $3.6M |
SMI | Santana Minerals Ltd | 0.004 | -20.00% | $10.7M |
DDD | 3D Resources Ltd | 0.002 | -20.00% | $2.3M |
MSG | MCS Services Ltd | 0.02 | -20.00% | $3.2M |
The telecommunications company rejoined the ASX boards after going into a voluntary suspension last week, and announced a $3.5m capital raising via a convertible notes issue.
Sensera also released a company update where it outlined “what went wrong” in its recent of course operations, along with plans to right the ship. But that wasn’t enough to prevent a selloff in morning trade which saw the stock slump more than 40 per cent.