Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade.

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

Stocks highlighted in yellow have made potentially market-moving announcements.

Here are the 10 leaders to start the day:

Code Name Price ($) % Chg Volume
IVO Invigor Group Ltd 0.005 +66.67% 37.1M
JPR Jupiter Energy Ltd 0.03 +47.06% 20.0k
FNT Frontier Resources Ltd 0.01 +42.86% 157.6k
BRN BrainChip Holdings Ltd 0.06 +40.91% 14.9M
KNO Knosys Ltd 0.13 +38.89% 1.2M
CXZ Connexion Telematics Ltd 0.012 +33.33% 195.0k
CFE Cape Lambert Resources Ltd 0.013 +30.00% 825.8k
VIC Victory Mines Ltd 0.0025 +25.00% 1.0M
NTI Neurotech International Ltd 0.014 27.00% 991.2k
BHL Boyuan Holdings Ltd 0.2 +17.65% 10.0k

Business data analytics minnow Invigor Group Ltd (ASX: IVO) jumped sharply after announcing the acquisition of Australian produce company Sun Asia Group, which Invigor said will “significantly grow its revenue and strengthen its Asian-focused e-commerce operations”.

These are the 10 companies that were sold off the most heavily when markets opened:

Code Name Price ($) % Chg Volume
VMG VDM Group Ltd 0.001 -50% 222.0k
ARE Argonaut Resources NL 0.004 -56% 42.3M
NSE New Standard Energy Ltd 0.004 -33% 56.5k
PCL Pancontinental Oil & Gas NL 0.002 -20% 10.0k
IAM Intiger Group Ltd 0.002 -20% 21.8M
AIS Aeris Resources Ltd 0.08 -19% 790.0k
GTG Genetic Technologies Ltd 0.0075 -17% 6.4M
FGO Flamingo AI Ltd 0.007 -13% 4.0M
IMC Immuron Ltd 0.14 -13% 217.6k
SVL Silver Mines Ltd 0.04 -10% 613.5k

The top five biggest declines were all registered by companies trading below the one-cent mark.

Argonaut Resources (ASX: ARE) suffered the heaviest early fall after announcing that the drilling program at its Torrens Project in South Australia has been stopped prior to completion.