Lunchtime ASX small cap wrap: Who’s shocking everyone today?

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Collingwood fans, don’t read this.

Everyone tipped Collingwood to make their second consecutive AFL grand final, and try to atone for their heartbreaking loss to West Coast in the decider last year. All the Pies had to do was get past GWS, a team with a history dating back only a decade, carrying a swathe of injuries, and at Collingwood’s home ground MCG.

But GWS shocked everyone and managed to hold on in wet conditions to book their first grand final appearance.

Australian markets started the week off well, the ASX small ords up 0.56 per cent to 2,913 points and the ASX 200 up 0.55 per cent to 6,768 points.

Going up

Market-darling regtech Kyckr (ASX:KYK) — which has been on a strong run since picking up an ASX 200 founder as a cornerstone investor last week — continued to rocket higher, up another 30 per cent to 32c this morning after announcing it had signed a deal with IT company illion Australia.

Azure Minerals (ASX:AZS) rose 26 per cent to 24c after announcing the first phase of its small-scale mining program at its fully-owned Oposura zinc-lead-silver mine in Mexico delivered “outstanding” results.

And Rhinomed (ASX:RNO) jumped 23 per cent on news it had raised $6m to fund sales expansion.

Here are the best performing ASX small cap stocks at lunchtime, Monday September 23:

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

Going down

There weren’t many big fallers before lunch, although Armour Energy (ASX:AJQ) shed 15 per cent to 6c after releasing details of a capital raise of $4m, and the spudding of its Myall Creek development well.

Here are the worst performing ASX small cap stocks at lunchtime, Monday September 23:

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

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