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 |