On Stockhead today, 18 small cap stocks revving Tolga Kumova’s engine, a chat with Airtasker CEO Tim Fung, and some sub-$20m market cap tech stocks with shine.

But first…the day ahead

There is an IPO listing bonanza today, with three new stocks expected to make their debut on the ASX.

Culpeo Minerals (ASX:CPO) raised $6m in an oversubscribed IPO, and will float at 20c a share. The company is bringing to the market its copper and gold projects in Chile.

Mt Malcom Mines (ASX:M2M) raised $8m for 20c to fund its gold projects in WA.

X2M Connect (ASX:X2M) meanwhile is an IoT (internet of things) tech company that has raised $8m at 25c a share. The company’s focus is on smart devices in the gas, water and electricity sectors within the Asia Pacific.

TRADING HALTS

Friday
Superior Resources (ASX:SPQ) – capital raising
Forbidden Foods (ASX:FFF) – acquisition and capital raising
Aston Minerals (ASX:ASO) – exploration update

Monday
EQ Resources (ASX:EQR) – capital raising
Sprintex (ASX:SIX) – product development and sales agreement
Accelerate Resources (ASX:AX8) – capital raising
Raiden Resources (ASX:RDN) – acquisition
Hazer Group (ASX:HZR) – capital raising
Comet Ridge (ASX:COI) – capital raising
VEEM (ASX:VEE) – capital raising
Bastion Minerals (ASX:BMO) – capital raising
Kingwest Resources (ASX:KWR) – exploration update

 

MARKETS

Gold: $US1,793.95 ($2,434.79) (+0.28%)

Silver: $US24.04 ($32.63) (+0.32%)

Oil (WTI): $US67.88 (-2.05%)

Oil (Brent): $US71.19 (-1.94%)

Coal: $US177.35 (+0.08%)

Iron 62pc Fe: $US133.82 (-1.28%)

AUD/USD: $US0.7366 (-0.02%)

Bitcoin: $US46,325.99 (+0.18%)

 

What got you talking yesterday

The great tussle between batteries and hydrogen…

And opportunities in African gold.

 

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Also, be sure to check in at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

YESTERDAY’S BIGGEST WINNERS

Scroll or swipe to reveal table. Click headings to sort.

Despite the broader market selloff, there were still a number of outsized small cap gains for stocks that posted new market-moving announcements.

Leading the pack was medtech company Adherium (ASX:ADR), which jumped 30% at the opening bell and finished around 60% higher.

The gains followed news that ADR received approval from US health regulators to market its the Hailie Sensors — devices that attach to a patient’s asthma or medication inhaler to allow caregivers to provide advanced patient monitoring.

Investors also got bullish on semiconductor technology company Weebit Nano (ASX:WBT), after it signed a production deal with US-based semiconductor foundry SkyWater Technology.

The deal will see SkyWater incorporate WBT’s ReRAM technology into its production processes, with future revenue opportunities based on how may SkyWater customers take up the products.

YESTERDAY’S BIGGEST LOSERS

Scroll or swipe to reveal table. Click headings to sort.

Among stocks with news, junior explorer Great Northern Minerals (ASX:GNM) led the laggards, after updating the market on assay results from the recent reverse circulation drilling program at its Camel Creek gold project in North Queensland.