Good morning everyone, and welcome to Tuesday 10 October – a day in history most notable as the anniversary of the death of Abel Tasman, who was reportedly the first European to lay eyes on Tasmania in 1642.

His death on October 10, 1659 marked the first acknowledgment of The Great Curse of Tasmania, which – it is said – causes anyone who is even remotely aware of the existence of Tasmania to perish at some point in the future.

In fact, so powerful is the curse, that it has since spread to include people who don’t know that Tasmania exists to eventually die as well.

It’s a timely reminder that knowledge is a powerful thing – which is why the Stockhead team has been working tremendously hard to bring you the latest and best information you need to get your game on when the market opens each day.

That hard graft includes Guy Le Page’s excellent look at the not-so-excellent world right now, and Eddy Sunarto’s been on the blower with the experts who reckon there’s untapped value in a couple of ASX-listed engineering companies.

And, as always, here’s all the data and digits and bibs and bobs to get your motor running this morning as well.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,861.57  (+1.60%)

Silver: US$21.88 (+1.36%)

Nickel (3mth): US$18,582/t (+0.50%)

Copper (3mth): US$8,046/t (+0.50%)

Oil (WTI): US$86.41 (+4.36%)

Oil (Brent): US$88.14 (+4.21%)

Iron 62pc Fe: US$118.18/t (+0.37%)

AUD/USD: 0.6415 (+0.48%)

Bitcoin: US$27,606 (+0.49%)

 

WHAT GOT YOU TALKING

Stockhead legend Barry “The Look” FitzGerald turned his steely gaze on why copper stocks aren’t behaving themselves at the moment, and it really caught a lot of eyes over the past few days. If you’ve not already seen it, you really oughta take a look:

 

 

YESTERDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

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

Code Company Price % Volume Market Cap
FIN FIN Resources Ltd 0.019 73% 73,403,256 $6,831,389
BUY Bounty Oil & Gas NL 0.008 33% 7,531,660 $8,223,006
SFG Seafarms Group Ltd 0.006 33% 1,407,973 $21,764,696
VN8 Vonex Limited. 0.024 33% 1,186,090 $6,512,915
PCK Painchek Ltd 0.063 31% 6,812,732 $67,503,490
EXL Elixinol Wellness 0.008 23% 218,798 $4,103,735
SER Strategic Energy 0.016 23% 12,868,069 $6,315,597
WMG Western Mines 0.34 21% 521,281 $17,514,793
KRR King River Resources 0.012 20% 17,141,165 $15,535,249
RIM Rimfire Pacific 0.006 20% 94,466 $10,526,224
CAI Calidus Resources 0.16 19% 1,047,106 $82,063,781
ADD Adavale Resource Ltd 0.013 18% 109,175 $8,034,062
FGR First Graphene Ltd 0.105 17% 1,122,140 $53,118,475
MOB Mobilicom Ltd 0.007 17% 927,402 $7,960,060
MOH Moho Resources 0.007 17% 283,000 $1,632,213
PKO Peako Limited 0.007 17% 953,351 $2,824,389
RGL Riversgold 0.014 17% 1,679,195 $11,415,137
NGY Nuenergy Gas Ltd 0.029 16% 201,690 $37,023,887
AWJ Auric Mining 0.044 16% 93,969 $4,972,664
AUZ Australian Mines Ltd 0.015 15% 1,711,016 $8,994,929
AX8 Accelerate Resources 0.03 15% 17,412,991 $9,895,646
AIS Aeris Resources Ltd 0.19 15% 2,452,190 $114,006,023
BRN Brainchip Ltd 0.1725 15% 18,830,393 $266,258,722
ADG Adelong Gold Limited 0.008 14% 3,238,102 $4,174,256
GGE Grand Gulf Energy 0.008 14% 6,178,576 $13,067,502
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Yesterday’s Small Caps highlights were:

Fin Resources (ASX:FIN) was the day’s standout performer, up 64% at the close after its maiden fieldwork program identified abundant spodumene crystals within a broad pegmatite outcrop at Cancet West in James Bay, Canada.

King River Resources (ASX:KRR) secured itself a speeding ticket from the ASX, up 40% in the AM, up 20% in the arvo.

PainChek (ASX:PCK) was up 40% this morning, but then lost 28%. Just like that.

Vonex (ASX:VN8) was up 33%, possibly due to cost cutting, or it could be a random gamble. VN8 does its thing on the cloud and provides the full gamut of traditional telecommunications products such as mobile and internet.

Mobilicom (ASX:MOB) came out the gate strongly, up circa 20% this morning but the surge lacked urge and it closed up 16.7% – possibly because the company has requested an extension prior to an upcoming voluntary delisting to allow shareholders to complete converting their shares into American Depositary Shares.

The day’s late mover was Cleanspace (ASX:CSX), which designs, makes, and flogs “premium respiratory protection equipment for industrial and healthcare markets” – it rose 10% in short order before the close.

 

YESTERDAY’S ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks:

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

Code Company Price % Volume Market Cap
IS3 I Synergy Group Ltd 0.008 -33% 364,358 $3,468,964
MCM Mc Mining Ltd 0.09 -33% 15,905 $53,954,802
KP2 Kore Potash PLC 0.008 -27% 89,334 $7,345,837
RDN Raiden Resources Ltd 0.0205 -27% 150,864,699 $65,404,225
AVW Avira Resources Ltd 0.0015 -25% 170,014 $4,267,580
CCE Carnegie Cln Energy 0.0015 -25% 1,925,938 $31,285,147
MXC Mgc Pharmaceuticals 0.0015 -25% 1,125,527 $8,855,936
SIH Sihayo Gold Limited 0.0015 -25% 675,000 $24,408,512
YPB YPB Group Ltd 0.003 -25% 20,600 $2,973,846
DTR Dateline Resources 0.01 -23% 2,961,594 $11,510,757
NET Netlinkz Limited 0.007 -22% 1,240,051 $32,044,755
TAL Talius Group Limited 0.007 -22% 263,850 $20,575,254
VMT Vmoto Limited 0.175 -20% 2,272,694 $63,852,864
CHK Cohiba Min Ltd 0.002 -20% 3,020,380 $5,533,110
ERL Empire Resources 0.004 -20% 150,000 $5,564,675
IEC Intra Energy Corp 0.004 -20% 13,499,898 $8,303,908
LNU Linius Tech Limited 0.002 -20% 1,456,100 $10,574,477
M4M Macro Metals Limited 0.004 -20% 1,165,531 $9,935,389
PUA Peak Minerals Ltd 0.004 -20% 5,324,008 $5,206,883
BLY Boart Longyear 1.195 -20% 347 $440,921,417
IR1 Irismetals 1.6 -20% 2,718,876 $241,649,644
ERW Errawarra Resources 0.105 -19% 645,654 $9,035,520
GNM Great Northern 0.022 -19% 51,842 $4,174,985
1ST 1St Group Ltd 0.009 -18% 2,065 $15,586,903
GML Gateway Mining 0.025 -17% 43,000 $7,990,006
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TRADING HALTS

Tombador Iron (ASX:TI1) – Pending release of an announcement regarding the operations of the Tombador Iron Project

Arovella Therapeutics (ASX:ALA) – Pending an announcement regarding a proposed in-license agreement

SenSen Networks (ASX:SNS) – to allow the company to finalise the terms of a proposed equity capital raising

NT Minerals (ASX:NTM) – Pending an announcement regarding a capital raising

Ragnar Metals (ASX:RAG) – Pending a material release regarding a project acquisition in Sweden

Visioneering Technologies (ASX:VTI) – For the purpose of considering, planning and executing a capital raising and analysing data for an announcement to the market on the top-line interim 1-year results of the PROTECT clinical trial.

 

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