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):

Code Name Price ($) % Chg Volume
CYQ Cycliq Group Ltd 0.002 +100.00% 2.8M
IAM Intiger Group Ltd 0.002 +100.00% 4.0M
BGH Bligh Resources Ltd 0.12 +84.62% 110.0k
TAS Tasman Resources Ltd 0.04 +35.71% 5.7M
RIM Rimfire Pacific Mining NL 0.004 +33.33% 50.0k
ANL Amani Gold Ltd 0.003 +20.00% 666.7k
BLY Boart Longyear Ltd 0.01 +20.00% 594.2k
ARS ALT Resources Ltd 0.02 +16.67% 178.4k
IVQ Invitrocue Ltd 0.08 +15.38% 61.0k
POW Protean Energy Ltd 0.01 +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:

Code Name Price ($) % Chg Volume
ANR Anatara Lifesciences Ltd 0.16 -54.29% 146.9k
CAD Caeneus Minerals Ltd 0.001 -50.00% 290.0k
IMC Immuron Ltd 0.12 -20.69% 543.5k
TZL TZ Ltd 0.12 -14.29% 642k
GTG Genetic Technologies Ltd 0.01 -14.29% 80.0k
GMC Gulf Manganese Corp Ltd 0.01 -14.29% 1.2M
RDG Resource Development Group Ltd 0.01 -13.33% 700.0k
KEY Key Petroleum Ltd 0.004 -11.11% 7.7M
AMS Atomos Ltd 0.98 -8.84% 113.3k
SIS Simble Solutions Ltd 0.05 -8.16% 72.5k