Here are the key ASX small cap winners and losers at lunch Tuesday Sep 18:

The ASX Small Ords was down 16 points or 0.5 per cent to 2,816 at 12.40pm AEST.

GOING UP

Troubled gold explorer Dampier Gold (ASX:DAU) was up 47 per cent to an intraday high of 4.4c — its highest mark since since a spike at the start of April — after getting a takeover offer from Vango Mining (ASX:VAN).

Vango (ASX:VAN) has tabled an all-scrip takeover bid of two of its shares for every seven Dampier (ASX:DAU) shares, which values the target at 5.6c per share, or around $6.7 million – an 87 per cent premium to the 3c closing price last Friday.

Shareholders accounting for about 13 per cent have already agreed to take Vango’s offer and have signed pre-bid acceptance agreements.

Vango shares dropped slightly, down 5pc to 18c.

In the aged care sector, investors saw opportunity after related stocks plummeted amid a looming Royal Commission into the sector and a string of appalling stories of mistreatment aired by the ABC’s Four Corners program.

On Monday the four key ASX aged care stocks Estia, Regis, Japara and Aveo lost between 8 per cent and 20 per cent of their value.

But this morning all four opened 3 to 5 per cent higher.

Invigor (ASX:IVO) rose 133 per cent to an intraday high of 0.7c — its highest point since May — after it told investors its loyalty solution would be integrated into WeChat, the hugely popular Chinese social media and payments service.

Things had calmed down a little by lunch, with the stock back down to 0.5c.

The integration is part of a three-year deal signed with Winning Group, a partner of Tencent, a large Chinese company.

Shares in 3D printer Aurora Labs (ASX:A3D) were up 61 per cent to an intraday high of 67c after announcing it has the ability to 3D print complex parts at market speed.

The company’s 3D metal printing Large Format Technology achieved speeds of 662 grams an hour, or nearly 16kg a day.

Aurora says that puts it on track to be able to print 1,000kg a day with its Rapid Manufacturing Printer in the near future.

Here are the best performing ASX small cap stocks at 12.15pm AEST Tuesday Sep 18:

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ASX code Company Price change today (12pm) Price (12pm) Volume Market Cap
PRL PETREL ENERGY 0.5 0.3c 200k 4.8M
IVO INVIGOR GROUP 0.5 0.6c 17M 5.7M
EUZ EUROPA METALS 0.5 0.3c 200k 11.2M
CLY CLANCY EXPLORATI 0.5 0.3c 500k 8.4M
A3D AURORA LABS 0.37 57c 26k 27.2M
KLH KALIA 0.33 0.8c 800k 15.1M
SPX SPECTRUM RARE EA 0.25 0.5c 743k 2.8M
GPP GREENPOWER ENERG 0.25 0.5c 102k 5.8M
CLZ CLASSIC MINERALS 0.25 0.5c 460k 9.9M
DAU DAMPIER GOLD 0.23 3.7c 607k 3.6M
NVO NVOI 0.22 1.1c 2M 3.7M
CDT CASTLE MINERALS 0.22 1.1c 2k 2.0M
ZMI ZINC OF IRELAND 0.2 0.6c 150k 10.7M
SDL SUNDANCE RESOURC 0.2 0.6c 5M 45.7M
MED MERLIN DIAMONDS 0.2 0.6c 1M 18.2M
BKP BARAKA ENERGY AN 0.2 0.6c 1M 14.8M
ACR ACRUX 0.19 28c 128k 39.1M
MCX MARINER CORP 0.18 3.9c 11 453.4k
FOD FOOD REVOLUTION 0.18 16.5c 4M 60.8M
AIY AUTHORISED INVES 0.17 4.8c 5k 13.7M
ENB ENEABBA GAS 0.17 0.7c 930k 3.1M
CZN CORAZON MINING L 0.17 0.7c 339k 7.6M
AZY ANTIPA MINERALS 0.17 1.4c 4M 21.7M
ALT ANALYTICA 0.17 0.7c 2M 20.0M
AAU ADCORP AUSTRALIA 0.17 1.4c 41k 2.2M
GLN GALAN LITHIUM 0.16 29c 4k 23.8M
IDA INDIANA RESOURCE 0.15 6c 144k 5.0M
14D 1414 DEGREES 0.14 49c 3M 74.1M
GRV GREENVALE ENERGY 0.13 3.4c 45k 2.8M
SI6 SIX SIGMA METALS 0.13 0.9c 150k 3.7M
UNV UNIVERSAL COAL 0.12 33c 1M 154.1M
RFN REFFIND 0.11 1c 1M 4.4M

 

GOING DOWN

Cobalt Blue (ASX:COB) was down 24 per cent to an intraday low of 34c after its CEO Joe Kaderavek penned a letter to shareholders saying the company had received an independent review of its Thackaringa Cobalt Project.

“The review identified technical areas where further work is required prior to commencing the bankable feasibility study engineering study component,” Mr Kaderavek said.

Here are the worst performing ASX small cap stocks at 12.15pm Tuesday Sep 18:

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ASX code Company Price change today (12pm) Price (12pm) Volume Market Cap
NIU NIUMINCO GROUP L -0.5 0.1c 750k 5.3M
BDI BLINA MINERALS N -0.5 0.1c 1M 6.5M
GCR GOLDEN CROSS RES -0.36 5c 245k 7.9M
FFC FARMAFORCE -0.33 10c 115k 19.2M
CGM COUGAR METALS NL -0.25 0.3c 750k 3.7M
COB COBALT BLUE HOLD -0.21 35.5c 737k 52.3M
TV2 TV2U INTERNATION -0.2 0.8c 100k 20.0M
FNT FRONTIER RESOURC -0.19 1.3c 30k 7.8M
MGU MAGNUM MINING -0.18 4c 500k 13.7M
AVD ANTILLES OIL AND -0.17 3c 132k 4.9M
CAG CAPE RANGE -0.16 3c 23k 135.9M
FE8 FASTER ENTERPRIS -0.15 4.6c 44k 6.0M
PSM PENINSULA MINES -0.14 0.6c 188k 5.6M
VAN VANGO MINING -0.13 16.5c 45k 93.7M
CHK COHIBA MINERALS -0.13 0.7c 739k 4.5M
ALY ALCHEMY RESOURCE -0.13 1.4c 60k 7.0M
BRC BRAIN RESOURCE -0.13 3.5c 40k 21.3M
MAG MAGMATIC RESOURC -0.12 3c 90k 4.0M
BPL BROKEN HILL PROS -0.11 5.5c 69k 9.2M
AL8 ALDERAN RESOURCE -0.11 24c 36k 30.9M
RVY RIFT VALLEY RESO -0.11 1.6c 244k 16.5M
KEY KEY PETROLEUM -0.11 0.8c 6M 12.1M
IAB INABOX GROUP -0.1 52c 19k 13.8M
FZO FAMILY ZONE CYBE -0.1 26.5c 39k 42.7M
EAS EASTON INVESTMEN -0.09 86c 3k 33.1M
ZYB ZYBER HOLDINGS L -0.09 1c 75k 7.2M
DLC DELECTA -0.09 1c 682k 7.0M
KNM KNEOMEDIA -0.09 2.1c 2M 14.7M
BSR BASSARI RESOURCE -0.09 2.1c 2M 51.3M
OBJ OBJ -0.08 2.2c 6M 43.4M