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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:

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

ASX codeCompanyPrice change today (12pm)Price (12pm)VolumeMarket Cap
PRLPETREL ENERGY0.50.3c200k4.8M
IVOINVIGOR GROUP0.50.6c17M5.7M
EUZEUROPA METALS0.50.3c200k11.2M
CLYCLANCY EXPLORATI0.50.3c500k8.4M
A3DAURORA LABS0.3757c26k27.2M
KLHKALIA0.330.8c800k15.1M
SPXSPECTRUM RARE EA0.250.5c743k2.8M
GPPGREENPOWER ENERG0.250.5c102k5.8M
CLZCLASSIC MINERALS0.250.5c460k9.9M
DAUDAMPIER GOLD0.233.7c607k3.6M
NVONVOI0.221.1c2M3.7M
CDTCASTLE MINERALS0.221.1c2k2.0M
ZMIZINC OF IRELAND0.20.6c150k10.7M
SDLSUNDANCE RESOURC0.20.6c5M45.7M
MEDMERLIN DIAMONDS0.20.6c1M18.2M
BKPBARAKA ENERGY AN0.20.6c1M14.8M
ACRACRUX0.1928c128k39.1M
MCXMARINER CORP0.183.9c11453.4k
FODFOOD REVOLUTION0.1816.5c4M60.8M
AIYAUTHORISED INVES0.174.8c5k13.7M
ENBENEABBA GAS0.170.7c930k3.1M
CZNCORAZON MINING L0.170.7c339k7.6M
AZYANTIPA MINERALS0.171.4c4M21.7M
ALTANALYTICA0.170.7c2M20.0M
AAUADCORP AUSTRALIA0.171.4c41k2.2M
GLNGALAN LITHIUM0.1629c4k23.8M
IDAINDIANA RESOURCE0.156c144k5.0M
14D1414 DEGREES0.1449c3M74.1M
GRVGREENVALE ENERGY0.133.4c45k2.8M
SI6SIX SIGMA METALS0.130.9c150k3.7M
UNVUNIVERSAL COAL0.1233c1M154.1M
RFNREFFIND0.111c1M4.4M

 

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:

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

ASX codeCompanyPrice change today (12pm)Price (12pm)VolumeMarket Cap
NIUNIUMINCO GROUP L-0.50.1c750k5.3M
BDIBLINA MINERALS N-0.50.1c1M6.5M
GCRGOLDEN CROSS RES-0.365c245k7.9M
FFCFARMAFORCE-0.3310c115k19.2M
CGMCOUGAR METALS NL-0.250.3c750k3.7M
COBCOBALT BLUE HOLD-0.2135.5c737k52.3M
TV2TV2U INTERNATION-0.20.8c100k20.0M
FNTFRONTIER RESOURC-0.191.3c30k7.8M
MGUMAGNUM MINING-0.184c500k13.7M
AVDANTILLES OIL AND-0.173c132k4.9M
CAGCAPE RANGE-0.163c23k135.9M
FE8FASTER ENTERPRIS-0.154.6c44k6.0M
PSMPENINSULA MINES-0.140.6c188k5.6M
VANVANGO MINING-0.1316.5c45k93.7M
CHKCOHIBA MINERALS-0.130.7c739k4.5M
ALYALCHEMY RESOURCE-0.131.4c60k7.0M
BRCBRAIN RESOURCE-0.133.5c40k21.3M
MAGMAGMATIC RESOURC-0.123c90k4.0M
BPLBROKEN HILL PROS-0.115.5c69k9.2M
AL8ALDERAN RESOURCE-0.1124c36k30.9M
RVYRIFT VALLEY RESO-0.111.6c244k16.5M
KEYKEY PETROLEUM-0.110.8c6M12.1M
IABINABOX GROUP-0.152c19k13.8M
FZOFAMILY ZONE CYBE-0.126.5c39k42.7M
EASEASTON INVESTMEN-0.0986c3k33.1M
ZYBZYBER HOLDINGS L-0.091c75k7.2M
DLCDELECTA-0.091c682k7.0M
KNMKNEOMEDIA-0.092.1c2M14.7M
BSRBASSARI RESOURCE-0.092.1c2M51.3M
OBJOBJ-0.082.2c6M43.4M