Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data.

It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has commenced trading.

WINNERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Wordpress Table Plugin

Diamond explorer Odessa Minerals (ASX:ODE) registered an outsized 300% gain this morning, in connection with a successful re-listing on the ASX

Odessa, (formerly known as Fargo Enterprises) raised $6 million through a share issue price 0.2 cents per share. Odessa will use the money to fund diamond exploration in WA’s Kimberley region.

Elsewhere, junior explorer Zuleika Gold (ASX:ZAG) almost doubled after announcing it had executed a $3m share placement to mining rich-lister and successful prospector Mark Creasy. The placement was priced at 3c and ZAG immediately jumped to 3.9c at the opening bell.

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Wordpress Table Plugin

Ecommerce play Redbubble (ASX:RBL), a market-darling in the post-COVID online sales boom, continued to come under pressure following a trading update where it said FY22 revenues are now forecast to be slightly lower than the prior year.

RBL shares have now fallen by around 70% from their January 2021 highs above $7.