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.

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

ERM Power (ASX:EPW) announced petroleum giant Shell wants to acquire it at a hefty premium and the stock has lifted accordingly.

Ticker Name Price % Chg Volume
EPW ERM Power Ltd 2.44 +42.15% 973.2k
DRE Dreadnought Resources Ltd 0.004 +33.33% 667.5k
PDI Predictive Discovery Ltd 0.02 +21.43% 450.0k
BNL Big Star Energy Ltd 0.006 +20.00% 1.7M
SBR Sabre Resources Ltd 0.006 +20.00% 400.0k
IMS Impelus Ltd 0.007 +16.67% 403.3k
BLY Boart Longyear Ltd 0.008 +14.29% 462.5k
CUX Crossland Strategic Metals Ltd 0.008 +14.29% 50.0k
OVL Oro Verde Ltd 0.008 +14.29% 500.0k
BAU Bauxite Resources Ltd 0.008 +14.29% 10.0k

Donaco (ASX:DNA) had another legal setback: a court has found Lee Hoe Property was entitled to terminate its casino lease.

Ticker Name Price % Chg Volume
MTB Mount Burgess Mining NL 0.002 -33.33% 714
GPP Greenpower Energy Ltd 0.0015 -25.00% 2.0M
AVE Avecho Biotechnology Ltd 0.004 -20.00% 15.0k
UUV UUV Aquabotix Ltd 0.005 -16.67% 1.6M
DDT DataDot Technology Ltd 0.005 -16.67% 375.0k
DNA Donaco International Ltd 0.09 -16.19% 1.3M
CFE Cape Lambert Resources Ltd 0.007 -12.50% 5.0k
SYA Sayona Mining Ltd 0.008 -11.11% 37.5k
HNR Hannans Ltd 0.009 -10.00% 72.0k
CAQ CAQ Holdings Ltd 0.009 -10.00% 62.5k