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:

CodeNamePrice ($)% ChgVolume
IVOInvigor Group Ltd0.005+66.67%37.1M
JPRJupiter Energy Ltd0.03+47.06%20.0k
FNTFrontier Resources Ltd0.01+42.86%157.6k
BRNBrainChip Holdings Ltd0.06+40.91%14.9M
KNOKnosys Ltd0.13+38.89%1.2M
CXZConnexion Telematics Ltd0.012+33.33%195.0k
CFECape Lambert Resources Ltd0.013+30.00%825.8k
VICVictory Mines Ltd0.0025+25.00%1.0M
NTINeurotech International Ltd0.01427.00%991.2k
BHLBoyuan Holdings Ltd0.2+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:

CodeNamePrice ($)% ChgVolume
VMGVDM Group Ltd0.001-50%222.0k
AREArgonaut Resources NL0.004-56%42.3M
NSENew Standard Energy Ltd0.004-33%56.5k
PCLPancontinental Oil & Gas NL0.002-20%10.0k
IAMIntiger Group Ltd0.002-20%21.8M
AISAeris Resources Ltd0.08-19%790.0k
GTGGenetic Technologies Ltd0.0075-17%6.4M
FGOFlamingo AI Ltd0.007-13%4.0M
IMCImmuron Ltd0.14-13%217.6k
SVLSilver Mines Ltd0.04-10%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.