It is time once again for Halloween and it’s time once again for (participating) homeowners/renters to open their doors to hordes of kids dressed up in the scary best.
But it is not just homeowners who will are receiving a scare.
After starting the week in positive territory, the Australian bourse has turned around and dived into the red today, sending the benchmark ASX 200 tumbling 0.84% to 7,350.7 points for the week.
All sectors save health care plummeted today with real estate and communication services posting the biggest losses.
Investor attention is increasingly turning to the bond market, after the RBA refrained from buying three-year government bonds this week.
There’s been a sharp move higher in Australian bond yields across the curve in Friday trade, and stocks moved lower in response.
ASX SMALL CAP WINNERS
Here are the best performing ASX small cap stocks for October 22 – October 29 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | ReturnWRoll% | MktCap$ |
|---|---|---|---|---|
| KOR | Korab Resources | 0.057 | 128 | $ 19,949,578.86 |
| AEV | Avenira Limited | 0.025 | 108 | $ 16,394,203.54 |
| IVX | Invion Ltd | 0.029 | 107 | $ 181,809,081.57 |
| LMG | Latrobe Magnesium | 0.056 | 70 | $ 77,489,598.13 |
| XTC | Xantippe Res Ltd | 0.005 | 67 | $ 20,372,822.01 |
| SPN | Sparc Tech Ltd | 1.31 | 60 | $ 72,195,108.30 |
| PIL | Peppermint Inv Ltd | 0.021 | 50 | $ 37,283,675.22 |
| PBX | Pacific Bauxite Ltd | 0.003 | 50 | $ 1,189,842.10 |
| BCT | Bluechiip Limited | 0.046 | 48 | $ 26,306,742.09 |
| SHP | South Harz Potash | 0.19 | 46 | $ 72,096,700.97 |
| MGL | Magontec Limited | 0.46 | 46 | $ 41,050,127.35 |
| AGR | Aguia Res Ltd | 0.069 | 41 | $ 22,708,085.92 |
| RAN | Range International | 0.015 | 36 | $ 10,381,543.21 |
| BGT | Bio-Gene Technology | 0.19 | 36 | $ 28,805,929.83 |
| PLY | Playside Studios | 0.745 | 35 | $ 71,618,728.12 |
| EUR | European Lithium Ltd | 0.135 | 35 | $ 143,260,056.54 |
| LIO | Lion Energy Limited | 0.082 | 34 | $ 22,842,982.58 |
| FCT | Firstwave Cloud Tech | 0.094 | 34 | $ 72,323,346.95 |
| AMD | Arrow Minerals | 0.008 | 33 | $ 13,695,988.20 |
| CNR | Cannon Resources | 0.565 | 33 | $ 37,859,763.15 |
| AZL | Arizona Lithium Ltd | 0.089 | 33 | $ 155,032,990.01 |
| PNN | PepinNini Minerals | 0.515 | 32 | $ 25,624,531.90 |
| TZL | TZ Limited | 0.145 | 32 | $ 28,976,342.10 |
| HT1 | Ht&E Limited | 1.965 | 30 | $ 405,124,967.52 |
| AUQ | Alara Resources Ltd | 0.022 | 29 | $ 15,519,443.26 |
| CRR | Critical Resources | 0.04 | 29 | $ 41,080,466.78 |
| BUX | Buxton Resources Ltd | 0.095 | 28 | $ 13,061,321.47 |
| ITM | Itech Minerals Ltd | 0.28 | 27 | $ 23,894,999.19 |
| NVX | Novonix Limited | 7.3 | 26 | $ 3,291,086,220.84 |
| JDR | Jadar Resources | 0.039 | 26 | $ 30,052,128.80 |
| AND | Ansarada Group Ltd | 2.25 | 25 | $ 170,575,794.90 |
| N1H | N1 Holdings Ltd | 0.125 | 25 | $ 10,194,446.63 |
| RD1 | Registry Direct | 0.035 | 25 | $ 12,333,066.06 |
| VIC | Victory Mines Ltd | 0.0025 | 25 | $ 13,140,505.54 |
Korab Resources (ASX:KOR) +128%, Avenira (ASX:AEV) +108%
Both Korab and Avernira were up on no news, with Korab earning itself a speeding ticket from the ASX earlier this week while Avernira had to respond to its own price and volume query last week.
Korab has since raised about $1.9m through a placement of about 34.5 million shares priced at 5.5c each to fund exploration and development work.
Invion Ltd (ASX:IVX) +107%
Investors piled onto the cancer-fighting company after it reported that its studies had shown “complete regression of triple negative breast cancer (TNBC) in vivo (on mice)” following application of its INV043 treatment.
The results showed that tumour masses were undetectable after two weeks, with no scarring or recurrence of the disease which suggests “protective immunity.
This also sets the stage for the company to progress INV043 towards clinical trials.
Sparc Technologies (ASX:SPN) +60%
Sparc shares climbed after it formed a partnership with the University of Adelaide to progress an Australian made “ultra green hydrogen” technology that does not require electrolysis to extract hydrogen from water.
Project partners are targeting a commercial scale technology to help meet the $2/kg target widely regarded as the mark green hydrogen needs to limbo under to be cost competitive.
ASX SMALL CAP LOSERS
Here are the worst performing ASX small cap stocks for October 22 – October 29 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % 1 Week | MktCap$ |
|---|---|---|---|---|
| PRM | Prominence Energy | 0.008 | -50 | $ 7,953,482.09 |
| DAL | Dalaroometalsltd | 0.16 | -35 | $ 4,352,000.00 |
| TOM | Tomizone Limited | 0.002 | -33 | $ 850,401.35 |
| MMM | Marley Spoon | 1.04 | -31 | $ 428,917,010.00 |
| MRL | Mayur Resources Ltd | 0.185 | -26 | $ 41,084,292.36 |
| PBH | Pointsbet Holdings | 7.85 | -25 | $ 2,270,364,037.52 |
| PCH | Property Connect | 0.0015 | -25 | $ 1,028,795.21 |
| NPM | Newpeak Metals | 0.0015 | -25 | $ 14,740,203.53 |
| MLS | Metals Australia | 0.0015 | -25 | $ 10,477,114.72 |
| DTC | Damstra Holdings | 0.75 | -24 | $ 154,080,175.75 |
| BID | Bill Identity Ltd | 0.3 | -22 | $ 54,821,508.16 |
| BUY | Bounty Oil & Gas NL | 0.011 | -21 | $ 15,075,510.80 |
| PVE | Po Valley Energy Ltd | 0.026 | -21 | $ 26,172,729.41 |
| CDA | Codan Limited | 10.17 | -21 | $ 1,864,913,369.85 |
| EMT | Emetals Limited | 0.015 | -21 | $ 5,810,000.00 |
| NIS | Nickelsearch | 0.17 | -21 | $ 9,667,537.28 |
| CXM | Centrex Metals | 0.1 | -20 | $ 33,801,084.28 |
| ADN | Andromeda Metals Ltd | 0.1725 | -20 | $ 443,079,368.28 |
| PF1 | Pathfinder Resources | 0.29 | -19 | $ 14,844,131.40 |
| MHI | Merchant House | 0.105 | -19 | $ 9,897,982.08 |
| MAN | Mandrake Res Ltd | 0.06 | -19 | $ 29,601,935.34 |
| MTC | Metalstech Ltd | 0.345 | -19 | $ 58,332,606.50 |
| GWR | GWR Group Ltd | 0.13 | -19 | $ 42,390,102.02 |
| TIG | Tigers Realm Coal | 0.022 | -19 | $ 261,334,047.36 |
| GBR | Greatbould Resources | 0.155 | -18 | $ 53,585,371.35 |
| AEE | Aura Energy | 0.245 | -18 | $ 99,489,528.22 |
| DM1 | Desert Metals | 0.26 | -18 | $ 9,100,000.00 |
| LDR | Lode Resources | 0.28 | -18 | $ 10,780,830.60 |
| EME | Energy Metals Ltd | 0.33 | -18 | $ 69,195,492.96 |
| ALV | Alvomin | 0.33 | -18 | $ 24,762,306.76 |
Prominence Energy (ASX:PRM) -50%
The oil and gas company reported that its Bowsprit-1 did not find any commercial hydrocarbons in the vertical section of the primary target T2 section.
It will now suspend the well with the goal of re-entering it and drilling a horizontal section into the proven oil-bearing T1 formation after the northern hemisphere winter.