NFL quarterback Aaron Rodgers caused a stir in the US this week, when it emerged that he’d been keeping on the low pretending to be vaccinated from COVID-19 (when he wasn’t).
The news only came to light when Rodgers actually caught COVID-19, and was forced to stay away from the team due to his no-vax status.
Rodgers came under some heat from members of the media, who dialled into a sneaky press conference a few months prior when Rodgers said he’d been ‘immunised’ against the disease (for those playing at home; not the same).
In the ensuing controversy, Rodgers then appeared on the Pat McAfee podcast and had a go at cancel culture and indicated a preference for ivermectin (also used as a livestock dewormer) in battling the disease.
While the no-vax debate continues to rage (moreso, seemingly, in the US), ASX investors have been afflicted with ailments of a different kind (read on below).
ASX SMALL CAP WINNERS
Here are the best performing ASX small cap stocks for November 5 – November 12 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | ReturnWRoll% | MktCap$ |
|---|---|---|---|---|
| LMG | Latrobe Magnesium | 0.15 | 146 | $ 186,549,032.54 |
| ECT | Env Clean Tech Ltd | 0.046 | 130 | $ 46,069,644.43 |
| A1M | Aic Mines Ltd | 0.42 | 87 | $ 128,116,732.47 |
| MQR | Marquee Resource Ltd | 0.135 | 71 | $ 20,182,816.68 |
| PH2 | Pure Hydrogen Corp | 0.74 | 59 | $ 233,837,517.94 |
| CDT | Castle Minerals | 0.03 | 58 | $ 25,500,994.88 |
| RFT | Rectifier Technolog | 0.053 | 56 | $ 67,370,293.40 |
| IQ3 | Iq3Corp Limited | 0.155 | 55 | $ 16,172,855.16 |
| TMB | Tambourahmetals | 0.315 | 54 | $ 11,745,028.71 |
| VR1 | Vection Technologies | 0.1825 | 52 | $ 165,364,919.36 |
| KOR | Korab Resources | 0.056 | 51 | $ 17,985,450.00 |
| RNE | Renu Energy Ltd | 0.11 | 51 | $ 13,940,106.92 |
| MEP | Minotaur Exploration | 0.195 | 50 | $ 90,241,046.64 |
| PBX | Pacific Bauxite Ltd | 0.003 | 50 | $ 1,189,842.10 |
| PCL | Pancontinental Energ | 0.0015 | 50 | $ 7,034,222.81 |
| POD | Podium Minerals | 0.445 | 48 | $ 124,263,279.96 |
| DCC | Digitalx Limited | 0.1525 | 45 | $ 103,942,165.46 |
| SPQ | Superior Resources | 0.023 | 44 | $ 33,062,765.45 |
| CHN | Chalice Mining Ltd | 9.83 | 44 | $ 3,532,911,181.80 |
| PGO | Pacgold | 0.43 | 43 | $ 14,915,408.00 |
| PRM | Prominence Energy | 0.01 | 43 | $ 8,947,667.35 |
| SPN | Sparc Tech Ltd | 1.785 | 42 | $ 99,888,617.85 |
| MGU | Magnum Mining & Exp | 0.1 | 41 | $ 47,228,766.83 |
In case you missed it on Stockhead this week, magnesium madness has taken hold and Latrobe Magnesium (ASX:LMG) is front and centre as investors pile into the sector.
After ripping higher earlier this week on no news, the stock jumped again this morning after announcing an oversubscribed $11.5m placement to sophisticated, professional and institutional investors that will fast-track the construction of its initial 1,000tpa magnesium plant in Latrobe Valley.
Shares in LMG have now risen by almost 800% since the start of the 2022 financial year.
Also posting a triple-digit percentage return this week was Environmental Clean Technologies (ASX:ECT), which rose by 130%.
The company has a number of clean energy technologies under development in lignite, hydrogen and waste conversion.
ECT shares often hop around and the stock has traded in a 12-month range between 1c and 2c — but this week it broke out (on no news).
Those gains may have had something to do with ECT’s hydrogen-based technologies, because next to magnesium madness, hydrogen fever has well and truly taken hold among small cap investors.
Also ripping higher was Pure Hydrogen (ASX:PH2), which this week signed a term-sheet with CAC-H2 to build Waste to Hydrogen plants in Brisbane, Sydney, and Melbourne.
CAC-H2 will “fund, build, and operate the plant and Pure Hydrogen will fund storage and load out”, the company said.
Hydrogen investment company Renu Energy (ASX:RNE) also surged ahead, after flagging the acquisition of green hydrogen technology developer Countrywide Renewable Hydrogen (CRH) in a $9.156m share-based deal.
Other notable movers this week included Bitcoin proxy DigitalX (ASX:DCC), which owns 215 Bitcoin on its balance sheet and has more than doubled since the start of October, from ~6c to 15.5c.
ASX SMALL CAP LOSERS
Here are the worst performing ASX small cap stocks for November 5 – November 12 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % 1 Week | MktCap$ |
|---|---|---|---|---|
| GAP | Gale Pacific Limited | 0.27 | -37 | $ 76,008,086.55 |
| TOM | Tomizone Limited | 0.002 | -33 | $ 850,401.35 |
| CAE | Cannindah Resources | 0.3 | -32 | $ 146,641,793.48 |
| MRL | Mayur Resources Ltd | 0.175 | -31 | $ 38,872,173.73 |
| SRZ | Stellar Resources | 0.024 | -29 | $ 21,683,467.57 |
| GGG | Greenland Minerals | 0.093 | -28 | $ 168,009,668.25 |
| WOO | Wooboard Tech Ltd | 0.0015 | -25 | $ 5,733,244.11 |
| PCH | Property Connect | 0.0015 | -25 | $ 1,028,795.21 |
| GPR | Geopacific Resources | 0.24 | -25 | $ 124,619,195.04 |
| TZL | TZ Limited | 0.135 | -23 | $ 27,044,585.96 |
| TNY | Tinybeans Group Ltd | 0.67 | -23 | $ 31,708,737.00 |
| PPH | Pushpay Holdings Ltd | 1.405 | -22 | $ 1,732,578,128.64 |
| CUV | Clinuvel Pharmaceut. | 31.89 | -21 | $ 1,579,648,505.86 |
| PNV | Polynovo Limited | 1.465 | -21 | $ 988,775,125.78 |
| TTB | Total Brain Ltd | 0.135 | -21 | $ 18,007,802.69 |
| TNG | TNG Limited | 0.096 | -20 | $ 124,949,704.00 |
| MHK | Metalhawk. | 0.36 | -20 | $ 20,345,619.42 |
| TMK | Tamaska Oil Gas Ltd | 0.008 | -20 | $ 7,880,000.00 |
| GGE | Grand Gulf Energy | 0.037 | -20 | $ 46,486,029.64 |
| STK | Strickland Metals | 0.07 | -20 | $ 78,799,641.05 |