Lunchtime ASX small cap wrap: Who’s taking an ill-timed nap today?

Those coming back to work today probably know all too well that braindead ‘I’m already planning an arvo nap’ feeling you get. But it could be worse.

Take this lady, who was trapped in a store overnight after she fell asleep testing a display mattress.

Local police, who were called to escort the well-rested punter out of the shop, called it “the best mattress endorsement we’ve ever heard”.

There’s certainly nothing relaxed about global markets as tensions between the US and Iran escalate.

Notably, oil prices rose by 3 to 3.5 per cent on Friday after a US air strike killed a top Iranian military commander and raised concerns of disruptions to Middle East oil supplies.

In morning trade, the ASX200 fell 0.59 per cent to 6,693.6 points and the Small Ords 0.67 per cent to 2,913.2 points.

GOING UP

Our #1 morning mover was pet pot purveyor CannPal (ASX:CP1), which has won an exclusive global licence to commercialise a CSIRO micro-encapsulation technology for animal health markets.

“It’s a highly effective technology with unmatched stability and protection capabilities, enabling us to deliver hemp and cannabis compounds to pets in a new and innovative way,” Cannpal boss Layton Mills says.

Investors agreed, sending the stock up 52 per cent in morning trade.

READ: Pet care is a $US125bn market; here are the small cap contenders

Here are the best performing ASX small cap stocks at 12pm Monday January 6:

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

Ticker	Name	Price	% Chg	Market Cap
CP1	CannPal Animal Therapeutics	0.17	+52.17%	$14.9M
OLL	OpenLearning	0.23	+34.29%	$32.1M
ALT	Analytica	0.004	+33.33%	$14.1M
ICG	Inca Minerals	0.004	+33.33%	$8.3M
UUV	UUV Aquabotix	0.004	+33.33%	$2.1M
ICU	iSentric	0.009	+28.57%	$1.7M
WWI	West Wits Mining	0.014	+27.27%	$13.1M
RNX	Renegade Exploration	0.0025	+25.00%	$1.8M
TSC	Twenty Seven Co	0.011	+22.22%	$13.4M
UCM	Uscom	0.14	+21.74%	$20.5M
SAU	Southern Gold	0.2	+21.21%	$17.7M
DTR	Dateline Resources	0.003	+20.00%	$24.6M
GMR	Golden Rim Resources	0.012	+20.00%	$14.0M
KGM	KalNorth Gold Mines	0.006	+20.00%	$5.4M
BCC	Beam Communications	0.33	+20.00%	$17.4M
EX1	Exopharm	0.32	+18.18%	$31.0M
CAN	Cann Group	0.95	+18.01%	$136.7M
PSA	Petsec Energy	0.07	+16.67%	$27.9M

GOING DOWN

Fintech Sezzle (ASX:SZL) shares went into freefall after the California Department of Business Oversight (DBO) decided not to approve the company’s acquisition for a California Financing Law licence to make loans.

The DBO stated that Sezzle had engaged in “illegal unlicensed lending in the state”, the company said Friday.

That downward trend continued today, with the stock losing another 16 per cent in morning trade.

Here are the worst performing ASX small cap stocks at 12pm Monday January 6:

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

Ticker	Name	Price	% Chg	Market Cap
VPR	Volt Power Group	0.001	-33.33%	$9.0M
ROG	Red Sky Energy	0.002	-33.33%	$3.3M
PCL	Pancontinental Oil & Gas	0.002	-20.00%	$10.8M
BMG	BMG Resources	0.004	-20.00%	$2.3M
BAS	Bass Oil	0.002	-20.00%	$6.7M
AUH	AustChina Holdings	0.004	-20.00%	$6.2M
AGE	Alligator Energy	0.002	-20.00%	$2.8M
EPM	Eclipse Uranium	0.005	-16.67%	$6.2M
SZL	Sezzle Inc	1.17	-16.13%	$233.7M
ESE	eSense-Lab	0.011	-15.38%	$2.1M
PNX	PNX Metals	0.006	-14.29%	$14.6M
DDT	DataDot Technology	0.006	-14.29%	$4.8M
NZS	New Zealand Coastal Seafoods	0.013	-13.33%	$6.9M
LOT	Lotus Resources	0.05	-13.33%	$16.0M
CGS	Cogstate	0.4	-13.04%	$67.3M
TOE	Toro Energy	0.007	-12.50%	$17.4M
TKL	Traka Resources	0.007	-12.50%	$2.8M
PMY	Pacifico Minerals	0.007	-12.50%	$20.2M
CE1	Calima Energy	0.007	-12.50%	$15.1M