If it’d been up to the rest of the world, New Zealand would now have ‘laser eye kiwi’ as the flag.

The famous non-flag is now a 28km charity bike route in Auckland (not the capital) that involved two hours of huffing bikes through bush and “awkward riding”.

At home in Australia no one wanted to be that energetic on a Wednesday, with the markets basically flat at lunchtime.

Here are the key ASX small cap winners at lunchtime on Wednesday, April 10:

The ASX Small Ords was up 6.5 points or 0.2 per cent to 2,790.7 at 12.00 AEST.


Rox Resources (ASX:RXL) was up a tidy 38 per cent after partnering with Venus Metals (ASX:VMC) to help it close an acquisition of the Youanmi gold project in Western Australia.

Venus struck a deal in May last year that gave it an option to buy the Youanmi project for $5.5m via a combination of shares and cash. Under this new deal, Rox can earn an initial 50 per cent stake by paying Venus $2.5m in cash and issuing $200,000 worth of shares.

Invigor (ASX:IVO) was up there today after securing a WeChat Pay marketing deal with luxury Asian retailer Club 21. Invigor will integrate its ad and loyalty tech into WeChat Pay, targeting predominantly Chinese tourists, who’ll redeem offers when they shop at Club 21 stores in Singapore.

HR tech smallcap intelliHR (ASX:IHR) had a great morning after reporting global annual recurring revenue in excess of $1 million thanks to increased sales in New Zealand.

Admedus (ASX:AHZ) surged 21 per cent before its directors could get it into a trading halt. No word on what the reason could be, as the health equipment company said only that it’s locked up until they have something to say or until the ASX lets them out.

And Flinders Resources (ASX:FMS) is up on news that it’s not delisting, because of that push to spill the board three weeks ago that brought together a whopping 52 shareholders against the proposition.

Here are the best performing ASX small cap stocks at 11.30 on Wednesday, April 10.

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TickerNamePrice% ChgVolume
VPRVolt Power Group0.00250%25.3K
CLZClassic Minerals0.00250%400K
RXLRox Resources0.01138%13.31M
PNNPepinnini Lithium0.00433%6.8M
VALValor Resources0.00433%455K
EVOEvolve Education0.3727%676.5K
NEWNorwest Energy0.00325%10.3K
E2EEON NRG0.00620%150K
ABVAdvance Braking Technology0.01220%43.4K
FMSFlinders Resources0.04418%729.4K
MTHMithril Resources0.00717%400K
PMYPacifico Minerals0.00717%8.06M



On the downside, there was at least one announcement that looked like it should be a pumper, not a dumper.

Lindian Resources (ASX:LIN) signed an exclusive option agreement with KB Bauxite Guinea SARLU to buy the Gauoal bauxite project “directly adjacent to two world class bauxite deposits”.

It’s more understandable that Trek Metals (ASX:TKM) dropped by 17 per cent: they just told shareholders 10.6m shares are coming out of escrow on April 27, or 2.4 per cent of their shares on issue.

Here are the worst performing ASX small cap stocks at 11.30 on Wednesday, April 10.

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

TickerNamePrice% ChgVolume
APGAustpac Resources0.001-33%3.0M
AXTArgo Exploration0.01-29%41.2K
MTBMt Burgess Mining0.003-25%7.4K
GLAGladiator Resources0.002-25%2.4M
AVHAvita Medical0.375-20%17.4M
LINLindian Resources0.015-21%1.7M
AULAustar Gold0.004-20%1.2M
SCISilver City Minerals0.009-18%819.7K
AREArgonaut Resources0.014-18%10.2M
TKMTrek Metals0.005-17%107.4K
GBZGBM Resources0.005-17%1.5M
PDIPredictive Discovery0.01-17%1.0M
BLYBoart Longyear0.003-14%330K
CSECopper Strike0.1-13%15K
WRMWhite Rock Minerals0.007-13%1.1M