Any Marvel fan would attest it was sad when Peter Parker quit being the Spiderman. But now even Marvel has quit.

The current deal between Sony and Marvel-Disney gives the latter only 5 per cent of gross box office revenue, and they wanted it 50-50 but couldn’t get it. So president Kevin Feige said overnight his studio won’t have anything to do with any more Spiderman films.

There are more films in the works by Sony, but it won’t be quite the same without Marvel after five and a half decades of involvement.

Today the ASX Small Ords is down 0.45 per cent to 2,807 points, while the ASX 200 lost 1.1 per cent and fell to 6,474 points.

The Westpac-Melbourne Institute Leading Index, measuring growth expectation, was above trend for the first time since November last year.

But with economic conditions volatile, wage growth stagnant and markets retreating in August, Westpac is now suggesting we’ll see another rate cut in October when it had previously said November.

Michael Every from Rabobank had a thing or two to say about yesterday’s RBA minutes. “We were calling far lower RBA rates and Aussie QE when that sounded like saying Darth Vader was going to be Luke Skywalker’s father back in 1977,” he said.

Going up

Cazaly Resources (ASX:CAZ) is up 80 per cent after another buyer for its iron ore project came forward with a more compelling offer.

Central Petroleum (ASX:CTP) is also up today after independent certification of its coal project significantly exceeded its initial estimates.

Here are the best performing ASX small cap stocks at lunchtime, Wednesday August 21:

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

Code Name Price % Chg Market Cap Volume
CAZ Cazaly Resources Ltd 0.05 +80.00% $13.2M 57.8M
CAD Caeneus Minerals Ltd 0.0015 +50.00% $3.2M 550.0k
TOM Tomizone Ltd 0.003 +50.00% $1.3M 479.9k
XPE Xped Ltd 0.0015 +50.00% $2.3M 200.0k
SUD Suda Pharmaceuticals Ltd 0.004 +33.33% $14.2M 3.0M
FGO Flamingo AI Ltd 0.004 +33.33% $4.5M 1.2M
AJL AJ Lucas Group Ltd 0.24 +26.32% $180.0M 416.6k
BUY Bounty Oil & Gas NL 0.005 +25.00% $4.8M 108.7k
EVE EVE Investments Ltd 0.005 +25.00% $12.5M 100.0k
MEB Medibio Ltd 0.02 +23.08% $4.5M 1.6M
SIH Sihayo Gold Ltd 0.02 +23.08% $37.1M 55.6k
ARE Argonaut Resources NL 0.006 +20.00% $9.3M 80.0k
ERL Empire Resources Ltd 0.012 +20.00% $7.5M 2.0M
GTG Genetic Technologies Ltd 0.006 +20.00% $17.6M 27.9M
AEV Avenira Ltd 0.006 +20.00% $6.4M 7.8k
DTM Dart Mining NL 0.006 +20.00% $6.1M 380.0k
IPT Impact Minerals Ltd 0.012 +20.00% $15.9M 1.1M
CTP Central Petroleum Ltd 0.19 +18.75% $139.1M 10.6M
MMR MEC Resources Ltd 0.007 +16.67% $4.5M 1.5M

Going down

Australian Vanadium (ASX:AVL) fell after announcing a capital raising.

Here are the worst performing ASX small cap stocks at lunchtime, Wednesday August 21:

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

Code Name Price % Chg Market Cap Volume
BAS Bass Oil Ltd 0.003 -25.00% $4.4M 33.0M
AZI Alta Zinc Ltd 0.003 -25.00% $5.5M 8.7M
OLH Oldfields Holdings Ltd 0.04 -24.00% $3.1M 104.2k
AYR Alloy Resources Ltd 0.004 -20.00% $3.4M 500.0k
MNW Mint Payments Ltd 0.02 -18.52% $17.3M 20.8k
AVL Australian Vanadium Ltd 0.01 -17.86% $22.7M 14.1M
TYX Tyranna Resources Ltd 0.005 -16.67% $4.7M 6.6k
PNN PepinNini Lithium Ltd 0.005 -16.67% $3.1M 50.0k
MLS Metals Australia Ltd 0.005 -16.67% $7.3M 2.8M
ENT Enterprise Metals Ltd 0.01 -16.67% $4.0M 50.0k
ARM Aurora Minerals Ltd 0.02 -16.67% $3.5M 1.9M
BBX BBX Minerals Ltd 0.19 -15.22% $88.4M 127.8k
EAX Energy Action Ltd 0.24 -14.29% $6.2M 56.0k
ROO Roots Sustainable Agricultural 0.07 -13.92% $5.9M 1.1M
SRN Surefire Resources NL 0.007 -12.50% $3.5M 3.2M
RAG Ragnar Metals Ltd 0.007 -12.50% $2.2M 300.0k
CFE Cape Lambert Resources Ltd 0.007 -12.50% $7.2M 350.0k
HIP Hipo Resources Ltd 0.007 -12.50% $2.7M 409.5k
VRC Volt Resources Ltd 0.014 -12.50% $20.7M 2.8M
AQD AusQuest Ltd 0.014 -12.50% $7.7M 88.7k