Here are the key ASX small cap winners and losers at lunch Friday October 5:

The ASX Small Ords was down 9 points or 0.3 per cent to 2,846.3 at 1pm AEST.

GOING UP

Real estate property investor Phileo (ASX:PHI) rose 7 per cent to $13.95 on a quiet Friday morning for ASX traders.

Phileo is looking to delist from the ASX after more than three decades — and it’s offering shareholders $12.66 a share to sell out.

Phileo, which has a market cap of $378 million but only 28.9m shares on issue, had been thinking of ways to deliver its shareholders value following a significant increase in the company’s cash reserves from the sale of properties it owned.

Shareholders “expressed an interest in these sale proceeds being distributed to them”, Phileo said this morning.

Biometric security pay Maxsec Group (ASX:MSP) rose 12 per cent to 2.8c today after intruder detector AVA Risk Group finalised its takeover.

AVA –which now owns more than 90 per cent of Maxsec — will move to compulsorily acquire the business at 3c per share.

AVA valued the shares at between 2.9c and 3.3c according to a independent expert’s report.

Junior gold and copper miner Doray Minerals (ASX:DRM) rose 3 per cent to 35.5c.

Doray will sell its Andy Well gold mine for $10 million to focus on its flagship Deflector operation in Western Australia.

The cash and shares deal with Canadian miner Galane Gold also includes a joint venture over Doray’s nearby Gnaweeda Project, which has a current resource of 322,000oz, Doray said.

Doray was the best performing IPO of 2010 — rocketing from 20c to $1.40 – which was driven by strong exploration results at Andy Well.

Here are the best performing ASX small cap stocks at 12.30pm AEST Friday October 5:

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

ASX code Company Price change today (12.30pm) Price (12.30pm) Volume Market Cap
ABL ABILENE OIL AND 2 0.006 200k 795.2k
XPE XPED 0.5 0.003 3M 3.8M
NIU NIUMINCO GROUP L 0.5 0.003 10M 6.8M
MRD MOUNT RIDLEY MIN 0.5 0.003 76k 3.8M
ABV ADVANCED BRAKING 0.5 0.003 5M 7.4M
ZYB ZYBER HOLDINGS 0.416666666667 0.017 9M 7.8M
QGL QUANTUM GRAPHITE 0.333333333333 0.004 23M 22.5M
CIO CONNECTED IO 0.333333333333 0.004 1M 3.5M
CP1 CANNPAL ANIMAL 0.307692307692 0.17 88k 12.6M
PNN PEPINNINI LITHIU 0.285714285714 0.009 3M 4.4M
OVL ORO VERDE 0.25 0.005 3M 7.0M
ICG INCA MINERALS 0.25 0.005 2M 11.2M
AGR AGUIA RESOURCES 0.222222222222 0.165 367k 17.8M
SDL SUNDANCE RESOURC 0.2 0.006 5M 45.7M
PMY PACIFICO MINERAL 0.2 0.006 150k 7.0M
BUY BOUNTY OIL & GAS 0.2 0.006 750k 4.8M
GMC GULF MANGANESE C 0.166666666667 0.014 9M 34.3M
AAJ ARUMA RESOURCES 0.166666666667 0.007 830k 3.1M
LCM LOGICAMMS 0.161290322581 0.18 139k 12.7M
MRV MORETON RESOURCE 0.142857142857 0.008 2M 24.8M
IVO INVIGOR GROUP 0.142857142857 0.008 100k 10.1M
EVE EVE INVESTMENTS 0.142857142857 0.008 64k 15.9M
ADV ARDIDEN 0.142857142857 0.008 1M 11.7M
SI6 SIX SIGMA METALS 0.125 0.009 4M 3.7M
MSP MAXSEC GROUP 0.12 0.028 25k 11.3M
MCA MURRAY COD AUSTR 0.105263157895 0.21 459k 74.7M
CCE CARNEGIE CLEAN E 0.1 0.011 400k 28.8M
OPT OPTHEA 0.0983606557377 0.67 56k 126.5M
AME ALTO METALS 0.0869565217391 0.05 104k 9.0M
KRX KOPPAR RESOURCES 0.0869565217391 0.25 50k 7.3M

 

GOING DOWN

Mark Bouris’s financial advisor Yellow Brick Road (ASX:YBR) sank 8 per cent to 10.5c this morning after Sir Ron Brierley’s Mercantile said its takeover offer was “best and final and will not be increased or extended”.

Yellow Brick Road investors were told to accept the 9c per share offer “as soon as possible” before it closed on October 19.

There’s been a back-and-forth between financial adviser Yellow Brick Road and corporate raider Mercantile (ASX:MVT) over the past couple of months ever since the latter lobbed a low-ball bid for YBR.

Here are the worst performing ASX small cap stocks at 12.30pm AEST Fri Oct 5: 

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

ASX code Company Price change today (12.30pm) Price (12.30pm) Volume Market Cap
RNY RNY PROPERTY -0.333333333333 0.004 200k 1.6M
IDZ INDOOR SKYDIVING -0.315789473684 0.052 5k 10.4M
NGY NUENERGY GAS -0.289473684211 0.027 214k 56.3M
WBE WHITEBARK ENERGY -0.25 0.003 6M 5.5M
IKW IKWEZI MINING -0.25 0.003 19k 4.1M
TRL TANGA RESOURCES -0.2 0.004 750k 4.1M
MRQ MRG METALS -0.2 0.004 1M 3.3M
AUL AUSTAR GOLD -0.2 0.004 1M 10.6M
NWF NEWFIELD RESOURC -0.192307692308 0.105 76k 75.6M
DRX DIATREME RESOURC -0.178571428571 0.023 187k 31.8M
LSA LACHLAN STAR -0.166666666667 0.01 5M 9.0M
AVD ANTILLES OIL AND -0.166666666667 0.03 132k 4.9M
SVH SILVER HERITAGE -0.142857142857 0.024 150k 35.3M
DTM DART MINING NL -0.142857142857 0.006 2M 6.0M
IBX IMAGION BIOSYSTE -0.137931034483 0.05 9k 14.4M
ZNC ZENITH MINERALS -0.133333333333 0.091 63k 22.3M
PFG PRIME FINANCIAL -0.130434782609 0.1 200k 22.0M
TBH BETMAKERS HOLDIN -0.128571428571 0.061 63k 15.7M
CXZ CONNEXION MEDIA -0.125 0.007 25k 6.7M
BSX BLACKSTONE MINER -0.125 0.14 43k 15.4M
ECG ECARGO HOLDINGS -0.12 0.11 49k 76.9M
BMT BERKUT MINERALS -0.117647058824 0.075 17k 4.6M
KEY KEY PETROLEUM -0.111111111111 0.008 1M 12.1M
DHR DARK HORSE RESOU -0.111111111111 0.008 582k 17.3M
AEV AVENIRA -0.111111111111 0.016 100 17.2M
NES NELSON RESOURCES -0.107142857143 0.125 417 6.4M
HWK HAWKSTONE MINING -0.103448275862 0.026 1k 16.5M
OXX OCTANEX -0.1 0.009 134k 2.7M
BMG BMG RESOURCES -0.1 0.009 2M 3.9M
IPB IPB PETROLEUM LI -0.0943396226415 0.048 146k 10.6M