Lunchtime ASX small cap wrap: Who’s singing a winning tune today?
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Here are the big movers among small cap stocks for today, February 26.
The ASX Small Ords had lost 19.7 points or 0.7 per cent to 2,753.30 at 12pm AEST. The 0.7 per cent fall has largely offset yesterday’s 0.79 per cent increase.
The big winners in today’s session are all at the super-small end of town, led by tiny 3D-printing outfit 333D (ASX:T3D).
As at midday today, shares in the company were up from 0.1 cent to 0.3 cent — a tidy gain of 200 per cent.
It follows a spike in volume yesterday when more than 34 million shares in the company changed hands, prompting a formal price query from the ASX.
The other big movers in percentage terms were Tamaska Oil & Gas (ASX: TMK) and Variscan Mines Ltd (ASX: VAR) which both rose by 100 per cent to 0.2 cents a share.
Adventure tourism company Experience Co (ASX: EXP) posted a gain of more than 28 per cent after releasing its half-year trading results, where the company reaffirmed its full-year earnings guidance.
Here are the best performing ASX small cap stocks at 11.45am Tuesday February 26:
Minnow minnow Mount Ridley Mines Ltd (ASX: MRD) had the biggest fall in morning trade, dropping 33 per cent to 0.1 cents per share.
Industrials company Kelly Partners (ASX: KPG) slumped by more than 28 per cent, after issuing a clarification on its half-year results released yesterday.
The company confirmed that full-year after-tax earnings were expected to be $4.3 million, which amounts to flat growth in annual terms.
After surging higher to start the week, shares in Afterpay (ASX: APT) slumped by more than 10 per cent following it’s half-year results announcement.
The company booked a bigger-than-expected loss of $22.2 million in the six months to December, as it invests more resources into its US expansion.
Here are the worst performing ASX small cap stocks at 11.45am Tuesday February 26: