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 as 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:

CodeNamePrice ($)% ChgVolume
CIOConnected IO Ltd0.004+100.00%13.6M
TSCTwenty Seven Co Ltd0.003+50.00%600.0k
HFRHighfield Resources Ltd0.98+44.12%415.6k
AAJAruma Resources Ltd0.004+33.33%1.0M
DHRDark Horse Resources Ltd0.005+25.00%100.0k
EVEEVE Investments Ltd0.005+25.00%350.0k
TNYTinybeans Group Pty Ltd1.3+18.18%66.6k
NTINeurotech International Ltd0.03+17.39%2.2M
AL8Alderan Resources Ltd0.05+14.58%16.5k
BASBass Metals Ltd0.01+14.29%1.7M

Wireless network provider Connected IO (ASX: CIO) led the early gains, after a revenue update where the company said it’s on track for a fourth straight quarter of growth, with receipts in the June quarter to date of $501,000.

These 10 companies were behind the eight ball at the opening bell:

CodeNamePrice ($)% ChgVolume
HCTHolista CollTech Ltd0.05-33.33%8.5k
MLSMetals Australia Ltd0.001-33.33%1.5M
LRSLatin Resources Ltd0.001-33.33%281.4k
VICVictory Mines Ltd0.002-20.00%100.0k
UNLUnited Networks Ltd0.013-18.75%10.0k
IRDIron Road Ltd0.05-15.25%107.3k
A1GAfrican Gold Ltd0.15-14.29%37.8k
NWFNewfield Resources Ltd0.19-13.64%32.7k
IMSImpelus Ltd0.009-10.00%784.1k
AHNAthena Resources Ltd0.02-9.09%25.0k