Australia, New Zealand and the UK are poised to hold free trade talks in hopes of opening up new markets to aid recovery from the COVID-19 pandemic.

British government analysis indicates that the value of its exports to the two countries could increase by $1.46bn from deals arising from the talks.

Exports from Australia and New Zealand could also benefit, with British Prime Minister Boris Johnson singling out the iconic Tim Tam as one product that would be welcome.

“How long can the British people be deprived of the opportunity to have Arnott’s Tim Tams at a reasonable price?” Johnson said in a twitter video.

Other products spruiked by the Prime Minister include Australian wines and Vegemite (in exchange for Marmite).

With tea out of the way, here are this week’s biggest small cap movers.

ASX SMALL CAP WINNERS

Splitit (ASX:SPT) +219%

The buy now, pay later platform is a market darling  after signing a “multi-year” partnership deal with global payments company Mastercard.

Splitit will integrate with Mastercard’s technology to help merchants deliver seamless and secure consumer payments, in store and online.

The partnership will launch pilots across three markets with plans to roll out globally.

Metals Australia (ASX:MLS) +100%

Shares in Metals Australia make significant gains this week after the company delivered a high-grade maiden resource for its Lac Rainy graphite project in Quebec of 13.3 million tonnes grading 11.5 per cent total graphitic carbon.

The company noted that the resource outcrops at surface with 90 per cent of the resource defined within the first 100m.

Just 1.6km of the 4km of strike along the Main Carheil graphitic trend has been tested with planning underway for extensional drilling.

Here are the best performing ASX small cap stocks for June 12 – June 19 [intraday]:

Swipe or scroll to reveal full table. Click headings to sort:

CODE NAME RETURN % PRICE THIS FRIDAY [INTRADAY] MARKET CAP
SPT SPLITIT PAYMENTS LTD 154 1.720 484.49M
T3D 333D LTD 100 0.002 2.13M
MLS METALS AUSTRALIA LTD 100 0.002 6.41M
BPH BPH ENERGY LTD 100 0.016 5.97M
RXL ROX RESOURCES LTD 88 0.050 85.65M
CAE CANNINDAH RESOURCES LTD 87 0.015 2.90M
INF INFINITY LITHIUM CORP LTD 84 0.105 25.07M
SGC SACGASCO LTD 76 0.030 8.11M
BKY BERKELEY ENERGIA LTD 68 0.500 130.60M
TMX TERRAIN MINERALS LTD 60 0.009 5.79M
CUL CULLEN RESOURCES LTD 60 0.018 3.60M
DTM DART MINING NL 57 0.110 7.06M
LRS LATIN RESOURCES LTD 50 0.006 2.19M
MSR MANAS RESOUCES LTD 50 0.006 15.86M
BSM BASS METALS LTD 50 0.003 9.63M
ALT ANALYTICA LTD 50 0.003 10.56M
UUV UUV AQUABOTIX LTD 50 0.0015 1.14M
IMS IMPELUS LTD 50 0.006 4.82M
9SP 9 SPOKES INTERNATIONAL LTD 47 0.031 34.04M
SIH SIHAYO GOLD LTD 41 0.025 50.35M
SUP SUPERIOR LAKE RESOURCES LTD 39 0.125 17.87M
RAC RACE ONCOLOGY LTD 38 0.455 50.28M
VMC VENUS METALS CORP LTD 38 0.220 33.24M
MJC MEJORITY CAPITAL LTD 37 0.022 3.09M
BUY BOUNTY OIL & GAS NL 36 0.015 14.30M
TRM TRUSCOTT MINING CORP LTD 36 0.019 2.24M
VRS VERIS LTD 34 0.043 17.43M
ZNC ZENITH MINERALS LTD 34 0.110 26.77M
JXT JAXSTA LTD 33 0.032 7.91M
DDT DATADOT TECHNOLOGY LTD 33 0.004 4.92M
RMX RED MOUNTAIN MINING LTD 33 0.004 3.75M
ALY ALCHEMY RESOURCES LTD 31 0.021 11.56M
IDA INDIANA RESOURCES LTD 31 0.034 6.87M
BUD BUDDY TECHNOLOGIES LTD 30 0.013 33.66M
MHC MANHATTAN CORP LTD 30 0.013 14.64M
IRD IRON ROAD LTD 30 0.075 51.33M
TRT TODD RIVER RESOURCES LTD 29 0.022 5.42M
CCA CHANGE FINANCIAL LTD 29 0.165 41.20M
BUG BUDERIM GROUP LTD 29 0.210 17.20M
BBX BBX MINERALS LTD 28 0.120 50.08M
TLM TALISMAN MINING LTD 27 0.140 26.13M
ZNO ZOONO GROUP LTD 26 2.740 461.39M
MEI METEORIC RESOURCES NL 26 0.024 26.94M
VR1 VECTION TECHNOLOGIES LTD 26 0.033 27.97M
AL8 ALDERAN RESOURCES LTD 26 0.205 43.92M

 

ASX SMALL CAP LOSERS

Cellmid (ASX:CDY) -38%

Shares in Cellmid fell after the company released a report on testing of the Wondfo SARS-CoV-2 (COVID-19) test kit by the Doherty Institute for the Therapeutic Goods Administration.

The TGA testing found that the Wondfo kit’s sensitivity at all time points was 68.6 per cent, well below the 86.4 per cent sensitivity in clinical testing.

Here are the worst performing ASX small cap stocks for June 12 – June 19 [intraday]:

Swipe or scroll to reveal full table. Click headings to sort:

CODE NAME RETURN % PRICE THIS FRIDAY [INTRADAY] MARKET CAP
SWM SEVEN WEST MEDIA LTD -21 0.120 176.87M
MAR MALACHITE RESOURCES LTD -21 0.030 2.04M
CSE COPPER STRIKE LTD -22 0.040 4.27M
PET PHOSLOCK ENVIRONMENTAL TECHN -22 0.360 221.88M
TYX TYRANNA RESOURCES LTD -22 0.004 3.91M
NCR NUCOAL RESOURCES LTD -22 0.007 5.38M
ESR ESTRELLA RESOURCES LTD -22 0.008 3.74M
VKA VIKING MINES LTD -22 0.007 2.20M
WEL WINCHESTER ENERGY LTD -23 0.020 13.76M
GUL GULLEWA LTD -23 0.096 15.57M
NAG NAGAMBIE RESOURCES LTD -23 0.046 23.00M
MDC MEDLAB CLINICAL LTD -24 0.153 36.15M
PIQ PROTEOMICS INTERNATIONAL LAB -25 0.440 39.27M
ESE ESENSE-LAB LTD-CDI -25 0.017 2.85M
MEB MEDIBIO LTD -25 0.006 6.57M
PNN PEPINNINI LITHIUM LTD -25 0.002 2.44M
DVL DORSAVI LTD -25 0.012 2.78M
MHI MERCHANT HOUSE INTL LTD -26 0.046 4.34M
LIO LION ENERGY LTD -26 0.014 2.90M
BNR BULLETIN RESOURCES LTD -27 0.072 12.91M
KRR KING RIVER RESOURCES LTD -27 0.037 46.20M
GID GI DYNAMICS INC-CDI -29 0.005 9.15M
PUR PURSUIT MINERALS LTD -29 0.005 1.77M
GTR GTI RESOURCES LTD -33 0.024 12.21M
DHR DARK HORSE RESOURCES LTD -33 0.002 4.99M
EER EAST ENERGY RESOURCES LTD -33 0.002 6.40M
VMG VDM GROUP LTD -33 0.001 6.93M
ANL AMANI GOLD LTD -33 0.001 6.83M
VAL VALOR RESOURCES LTD -33 0.003 3.84M
CCE CARNEGIE CLEAN ENERGY LTD -33 0.001 11.14M
CDY CELLMID LTD -38 0.115 14.40M
TGO TRIMANTIUM GROWTHOPS LTD -42 0.040 6.08M
14D 1414 DEGREES LTD -49 0.065 11.93M
GES GENESIS RESOURCES LTD -54 0.013 10.18M
BIR BIR FINANCIAL LTD -70 0.015 1.22M