Lunchtime ASX small cap wrap: Who’s wondering where their java kick is coming from today?

Link copied to
clipboard

Have you ever drunk coffee and wondered if the beans really come from where roasters said they did?

You’ll always know if start up FarmerConnect has its way. FarmerConnect wants coffee drinkers to live in mystery no more with its blockchain technology which will help customers know where coffee beans were sourced from.

IBM provides its blockchain service to assist the launch of a coffee tracking platform https://t.co/GHDhqElVWP

— Cointelegraph (@Cointelegraph) September 18, 2019

The markets are going strong today. The ASX Small Ords is up 0.5 per cent to 2,894 points while the ASX 200 is up 0.82 per cent to 6,736 points.

While Australia’s headline unemployment rate rose by 0.1 per cent to 5.3 per cent, other indicators in this morning’s ABS release were more positive.

This included increased people in employment and levels in individual states – particularly in the 12-month trends.

Going up

Shares are bound to go on the run when a successful tech entrepreneur buys nearly 20 per cent of a company. WiseTech’s Richard White did just that with Kyckr (ASX:KYK) and shares shot up 57 per cent this morning.

Global Vanadium (ASX:GLV) has been wanting to enter oil and gas. Today its up 25 per cent after telling shareholders it is undertaking due diligence on a project.

First AU (ASX:FAU) has begun a drilling program at its Gimlet gold project and it gained 23 per cent this morning

Here are the best performing ASX small cap stocks at lunchtime, Thursday September 19:

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

Going down

iSignthis (ASX:ISX) has fallen another 24 per cent this morning. While no new information has emerged, it was hit with a critical report last week and has now lost 55 per cent of its value.

Here are the worst performing ASX small cap stocks at lunchtime, Thursday September 19:

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

Something completely different…

Today marks 100 years since construction began on Australia’s most visited tourist attraction – the Great Ocean Road.

There may only be 12 apostles but it has 6 million disciples annually. For the next three weeks a centenary campaign will occur in the region.

Gee, @vstgreatoceanrd, you look ridiculously good at 100! 🎂

(@visit12apostles on the #GreatOceanRoad)#seeaustralia #visitvictoria pic.twitter.com/moY0SecJUI

— Australia (@Australia) September 18, 2019

share

• 
• 
• 
• 

Link copied to
clipboard

SUBSCRIBE

Get the latest Stockhead news delivered free to your inbox.

Name*

Email*

This field is hidden when viewing the form

Email Lists

Morning Update

Lunch Update

Market Close Update

Weekend Update

Spotlight

Email

This field is for validation purposes and should be left unchanged.

It's free. Unsubscribe whenever you want.

By proceeding, you confirm you understand that we handle personal information in accordance with our Privacy Policy.

You might be interested in

News

ASX Small Caps and IPO Weekly Wrap: The ASX is fired up and feisty as metals make a comeback

May 17, 2024 | Gregor Stronach

Mining

Gold Digger: Michael 'Big Short' Burry long on gold ETF; Buffett into Barrick; World Bank bullish

May 17, 2024 | Rob Badman

News

Rise and Shine: Everything you need to know before the ASX opens

May 15, 2024 | Gregor Stronach