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

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 stock has commenced trading.

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

Code Name Price % Chg Volume
PNN PepinNini Lithium Ltd 0.003 +50.00% 600.0k
MEB Medibio Ltd 0.019 58.33% 21.3M
SUD Suda Pharmaceuticals Ltd 0.004 +33.33% 175.0k
UUV UUV Aquabotix Ltd 0.008 +33.33% 1.6M
ADV Ardiden Ltd 0.003 +33.33% 545.0k
BUY Bounty Oil & Gas NL 0.003 +33.33% 300.0k
CLZ Classic Minerals Ltd 0.0902 +33.33% 100.0k
ARD Argent Minerals Ltd 0.014 +27.27% 852.5k
IVR Investigator Resources Ltd 0.02 +15.38% 2.2M
BLK Blackham Resources Ltd 0.0125 +13.64% 21.8M

Healthcare company Medibio Limited (ASX: MEB) shot higher by more than 50 per cent after announcing it has signed another commercial agreement for ilumen™, its corporate health product, with British multinational food services company Compass Group PLC.

Markets will be also be monitoring moves in Cynata Therapeutics (ASX: CYP) after the company received an indicative, non-binding and conditional proposal from Sumitomo Dainippon Pharma Co at $2 per share. CYP opened the day at $1.60.

Here are the worst 10 performing stocks in morning trade.

Code Name Price ($) % Chg Volume
IPT Impact Minerals Ltd 0.006 -33.33% 1.4M
LMG Latrobe Magnesium Ltd 0.005 -28.57% 10.0k
SRN Surefire Resources NL 0.003 -25.00% 125.0k
SI6 Six Sigma Metals Ltd 0.003 -25.00% 700.0k
NOR Norwood Systems Ltd 0.004 -20.00% 320.0k
ALT Analytica Ltd 0.004 -20.00% 3.6M
SER Strategic Energy Resources Ltd 0.006 -14.29% 100.0k
TFL TasFoods Ltd 0.14 -12.12% 50.0k
RFT Rectifier Technologies Ltd 0.06 -11.76% 3.1M
REZ Resources & Energy Group Ltd 0.05 -10.71% 100.0k