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 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 (stocks highlighted in yellow have made potentially market-moving announcements):

CodeNamePrice ($)% ChgVolume
CYQCycliq Group Ltd0.002+100.00%2.8M
IAMIntiger Group Ltd0.002+100.00%4.0M
BGHBligh Resources Ltd0.12+84.62%110.0k
TASTasman Resources Ltd0.04+35.71%5.7M
RIMRimfire Pacific Mining NL0.004+33.33%50.0k
ANLAmani Gold Ltd0.003+20.00%666.7k
BLYBoart Longyear Ltd0.01+20.00%594.2k
ARSALT Resources Ltd0.02+16.67%178.4k
IVQInvitrocue Ltd0.08+15.38%61.0k
POWProtean Energy Ltd0.01+12.50%160.0k

It was a big morning for micro-cap WA gold explorer Bligh Resources (ASX:BGH), which received an off-market takeover offer from Saracen (ASX:SAR) valuing it at 12.8 cents per share — a 97 per cent premium to yesterday’s closing price.

On the other side of the ledger, Anatara Lifesciences (ASX:ANR) fell sharply after announcing that Zoetis Inc has terminated an exclusive worldwide license for the company’s Detach product.

These 10 stocks are bringing up the rear:

CodeNamePrice ($)% ChgVolume
ANRAnatara Lifesciences Ltd0.16-54.29%146.9k
CADCaeneus Minerals Ltd0.001-50.00%290.0k
IMCImmuron Ltd0.12-20.69%543.5k
TZLTZ Ltd0.12-14.29%642k
GTGGenetic Technologies Ltd0.01-14.29%80.0k
GMCGulf Manganese Corp Ltd0.01-14.29%1.2M
RDGResource Development Group Ltd0.01-13.33%700.0k
KEYKey Petroleum Ltd0.004-11.11%7.7M
AMSAtomos Ltd0.98-8.84%113.3k
SISSimble Solutions Ltd0.05-8.16%72.5k