Top 10 at 10: These ASX small caps have hit the ground running today
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What’s hot, and what is not?
It’s a question ASX Small Ords investors ask themselves every working day.
For active small cap traders and market enthusiasts alike, it helps to know where the action is once the opening bell has been rung.
In view of that, here’s the Top 10 at 10; a short sharp summary of which stocks are in demand to start the day, and which stocks are being sold off.
Technically speaking, the data is effective from 10:15am (eastern time). The ASX opens at 10am and each company hits the boards in alphabetical order; a process which is typically completed in around 10 minutes.
Here’s today’s list of the early movers (stocks highlighted in yellow have made potentially market-moving announcements):
Leading the pack today is Great Western Exploration Ltd (ASX: GTE), which announced a non-renounceable rights issue for eligible shareholders and said drilling has commenced at its Yandel West gold project in WA.
On the other side of the coin, these are the stocks that have come under early selling pressure: