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Here are the key ASX small cap winners and losers at lunch Monday Oct 1:

The ASX Small Ords was down 4.6 points or 0.16 per cent to 2,858.8 at 12.30pm AEST.

GOING UP

Power converter maker Rectifier Technologies (ASX:RFT) enjoyed a great start to October, with its shares rising 24 per cent to an intraday high of 3.6c today.

The company announced that it had received $4.7m in product orders for the supply of 35kW high-voltage and high-efficiency modular power supply units for DC electric vehicle charging.

Rectifier’s annual report also landed this morning, showing increased revenues and a $62,000 profit compared with the previous financial year’s $35,000 loss.

About $1.9 million worth of Biotron (ASX:BIT) shares traded hands this morning, sending the company’s stock up 22 per cent to an intraday high of 5c.

That was on the back of trial results released on Friday that showed the company’s BIT225 drug had “significant immunological benefits” in patients with HIV.

ParaZero (ASX:PRZ) shares rose 21 per cent to an intraday high of 17c after the company announced that the first Federal Aviation Administration (FAA) waiver for a “flight over people [using a drone equipped] with a parachute safety system” was granted to a drone operator using ParaZero’s technology.

The first flights using the waiver were conducted during the tailgating event prior to the North Dakota State University vs South Dakota State football game at the FargoDome in North Dakota.

The drone swooped multiple times over the crowds gathered in the stadium’s parking lots and provided real-time footage for local law enforcement and media companies.

ASX minnow Energy Technologies (ASX:EGY) gained 33 per cent to an intraday high of 0.4c after it released its annual report late on Friday.

It revealed a $3.1m loss but shareholders backed the company in early Monday trade. Sales revenue jumped from $12.9m to $15.3m.

Here are the best performing ASX small cap stocks at 12.15pm Monday Oct 1: 

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

ASX codeCompanyPrice change today (12.15pm)Price (12pm)VolumeMarket Cap
PCLPancontinental Oil & Gas0.50.3c12,239,164$10.8M
WELWinchester Energy0.353.1c657,438$6.6M
EGYEnergy Technologies0.330.4c320,000$1M
AGEAlligator Energy0.255.2c833,334$20.6M
TYKTychean Resources0.250.5c500,000$3M
NVONvoi0.250.5c150,000$2.3M
BITBiotron0.241c39,398,350$3.3M
RFTRectifier Technologies0.243.6c4,193,005$39.6M
PRZParaZero0.2117c66,533$7.3M
CUXCrossland Strategic Metals0.20.6c100,000$5.1M

 

GOING DOWN

Shares in Austchina Holdings (ASX:AUH) fell 29 per cent to an intraday low of 0.5c — almost a year-low — after updating investors after market close on Friday on the sale of its wholly-owned subsidiary Surat Gas.

Following further negotiations, a final price of $5.1 million was agreed and part payment of $2.1 million was received. The final settlement was to take place no later than Friday.

Here are the worst performing ASX small cap stocks at 12.15pm Monday 1 October: 

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

ASX codeCompanyPrice change today (12.15pm)Price (12pm)VolumeMarket Cap
HORHorseshoe Metals-0.351.1c180,405$3.3M
WGLWangle Technologies-0.330.2c16,500$6.2M
AUHAustchina Holdings-0.290.5c1,858,603$7.8M
CM1Coolgardie Minerals-0.289c528,783$10.4M
EPMEclipse Metals-0.250.3c450,000$4.6M
REVReal Estate Investar Group-0.231c25,000$1.5M
NSENew Standard Energy-0.20.4c200,000$3.9M
ICTiCollege-0.186.6c415,298$37.2M
TRLTanga Resources-0.170.5c851,440$4.4M
GBZGBM Resources-0.170.5c10,000$6.3M