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.

Stocks highlighted in yellow have made potentially market-moving announcements:

Phylogica (ASX: PYC) is up 20 per cent after announcing pre-clinical results.

Code Name Price % Chg Volume
GLV Global Vanadium Ltd 0.003 50% 19.0M
DTR Dateline Resources Ltd 0.004 33% 500.0k
NAE New Age Exploration Ltd 0.004 33% 925.9k
NWE Norwest Energy NL 0.004 33% 367.5k
CLZ Classic Minerals Ltd 0.004 33% 13.1M
BNR Bulletin Resources Ltd 0.03 32% 34.7k
EVE EVE Investments Ltd 0.005 25% 502.0k
PYC Phylogica Ltd 0.041 20% 4.4M
ANW Aus Tin Mining Ltd 0.007 17% 148.6k
BNL Big Star Energy Ltd 0.007 17% 10.0k

But while 253 stocks have gained, nearly 900 have declined as the Small Ords has fallen nearly 3 per cent in 10 minutes.

One was Centaurus Metals (ASX: CTM) which announced it had entered into a business swap agreement with Vale which will leave them $3.5 million out of pocket over the next 2.5 years.

Code Name Price % Chg Volume
VIC Victory Mines Ltd 0.001 -50.00% 1.5M
LKO Lakes Oil NL 0.001 -33.33% 2.5M
CTM Centaurus Metals Ltd 0.007 -22.22% 18.1M
SRN Surefire Resources NL 0.005 -16.67% 200.0k
OAR Oakdale Resources Ltd 0.01 -16.67% 448.7k
PET Phoslock Environmental Technol 1.09 -15.83% 1.5M
BOC Bougainville Copper Ltd 0.11 -15.38% 16.1k
IME ImExHS Ltd 0.05 -14.52% 2.6M
PNN PepinNini Lithium Ltd 0.003 -14.29% 135.6k
ALY Alchemy Resources Ltd 0.013 -13.33% 75.3k