Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data.

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 ASX stock has commenced trading.

 

WINNERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code Company % Volume Price Market Cap
LKO Lakes Blue Energy 50% 15,128,416 0.0015 $43,103,090.14
GGX Gas2Grid Limited 20% 999,000 0.003 $10,145,255.20
PCL Pancontinental Energ 20% 16,950,000 0.006 $35,771,114.05
DDD 3D Resources Limited 17% 5,333,333 0.0035 $11,641,116.28
LNY Laneway Res Ltd 17% 28,900 0.007 $28,359,065.60
ROG Red Sky Energy. 17% 569,292 0.007 $31,813,363.18
WCN White Cliff Min Ltd 16% 3,039,184 0.036 $18,544,088.37
AGN Argenica 12% 1,000 0.785 $35,382,548.60
TIG Tigers Realm Coal 12% 195,034 0.019 $222,133,940.26
RAG Ragnar Metals Ltd 11% 893,114 0.039 $13,043,971.12
PGD Peregrine Gold 11% 32,571 0.635 $19,154,163.15

Lakes Blue Energy (ASX:LKO) says drilling of the Wellesley-2 well is at 1,475m depth, just above the predicted reservoir section. Any significant gas show(s) will be tested once target depth has been reached, the company says.

A recently completed $1.6m placement means the company will be cashed up with $7.1m, significantly reducing funding that will need to be secured for drilling of the Wombat-5 gas well later in 2022.

Mark Creasy’s Yandal Investments is now a substantial shareholder in gold and lithium explorer Peregrine Gold (ASX:PGD). Yandal subscribed for 4.5m shares at $0.50 each to raise $2.25m.

 

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code Company % Volume Price Market Cap
NTL New Talisman Gold -20% 3,509,951 0.002 $7,818,063.41
CCE Carnegie Cln Energy -17% 839,493 0.0025 $45,307,721.13
SGQ St George Min Ltd -16% 1,938,146 0.051 $35,940,647.16
TEG Triangle Energy Ltd -14% 2,393,280 0.018 $22,581,487.66
ARE Argonaut Resources -13% 3,133,192 0.0035 $14,424,819.13
SIH Sihayo Gold Limited -11% 14,999 0.008 $33,169,152.72
OEX Oilex Ltd -10% 2,205,193 0.0045 $35,564,757.60
IRX Inhalerx Limited -10% 13,340 0.084 $15,667,427.00
LYK Lykosmetalslimited -10% 34,000 0.285 $19,372,500.00
XTE Xtek Limited -10% 87,650 0.19 $21,130,251.24