Weekly ASX small cap wrap: Who’s pretending to be real this week?
News
share
We’ve all had the same experience of wondering through the shops to find a really nice potted plant only to realise that on closer inspection it’s just a really good fake.
Not entirely a bad thing mind you, the savings on trying to keep indoor plants alive can be significant.
However, this might be taking it a little far.
An American woman had been taking care of what she described as the perfect succulent for about two years, going so far as to have a watering plan for it.
That is, until she tried repotting it and found that it was a fake.
On that sorry note, we turn to the ASX Small Ords, which avoided the massive slump it experienced last week.
It was a still a bit of a rollercoaster, but here are some of the small cap movers.
ASX SMALL CAP WINNERS
Here are the best performing ASX small cap stocks for February 28 – March 6 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
CODE NAME RETURN % PRICE THIS FRIDAY [INTRADAY] MARKET CAP RMT RMA ENERGY LTD 100 0.002 4.20M OAR OAKDALERESOURCES LTD 100 0.004 2.25M SE1 SENSERA LTD 87 0.015 4.83M GSM GOLDEN STATE MINING LTD 71 0.120 4.40M UUV UUV AQUABOTIX LTD 67 0.002 1.49M SOP SYNERTEC CORP LTD 65 0.033 7.28M HT8 HARRIS TECHNOLOGY GROUP LTD 60 0.016 3.05M TSL TITANIUM SANDS LTD 59 0.059 45.94M SCI SILVER CITY MINERALS LTD 57 0.011 3.78M RGS REGENEUS LTD 57 0.083 23.06M FAM FAMILY INSIGHTS GROUP LTD 50 0.060 3.96M QFY QUANTIFY TECHNOLOGY HOLDINGS 50 0.003 5.83M YPB YPB GROUP LTD 50 0.003 5.08M ABL ABILENE OIL AND GAS LTD 50 0.003 1.19M XTC XANTIPPE RESOURCES LTD 50 0.003 9.97M MTB MOUNT BURGESS MINING NL 50 0.003 1.60M TRL TANGA RESOURCES LTD 50 0.002 2.80M RDN RAIDEN RESOURCES LTD 40 0.007 3.02M CTE CRYOSITE LTD 40 0.070 3.28M QGL QUANTUM GRAPHITE LTD 39 0.050 10.94M AEI AERIS ENVIRONMENTAL LTD 39 0.700 149.70M SPT SPLITIT PAYMENTS LTD 38 0.510 158.88M DXB DIMERIX LTD 38 0.165 29.95M NZS NEW ZEALAND COASTAL SEAFOODS 37 0.011 5.83M WKT WALKABOUT RESOURCES LTD 36 0.190 66.34M JRL JINDALEE RESOURCES LTD 35 0.350 13.47M
Internet of Things solution provider Sensera found favour with investors this week after signing a worldwide distribution agreement with Braemac, which has 21 offices globally.
The company said Braemac’s global footprint and strong presence in the entire Pacific Rim region, and especially Australia, will further extend its market coverage.
The distribution agreement covers the entire range of Sensera’s IoT products, which includes chips, RF modules, sensors, anchors and software.
Titanium Sands climbed this week after its aircore drilling highlighted depth potential to substantially increase previously reported surface exposed heavy mineral sands mineralisation at its Mannar Island project in Sri Lanka.
Assays from the program indicated that 89 per cent of the 473 holes drilled had returned intercepts of between 2 per cent and 11 per cent total heavy minerals (THM).
The company noted that the results indicated the current resource of 90.03 million tonnes grading 6.6 per cent THM was underlain by large areas of deeper mineralisation.
While this mineralisation may be lower grade than the existing resource, it is laterally extensive and typically extends down to at least 5m to 12m below surface below the current resource.
ASX SMALL CAP LOSERS
Here are the worst performing ASX small cap stocks for February 28 – March 6 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| CODE | NAME | RETURN % | PRICE THIS FRIDAY [INTRADAY] | MARKET CAP |
|---|---|---|---|---|
| BIR | BIR FINANCIAL LTD | -25 | 0.060 | 4.88M |
| ECS | ECS BOTANICS HOLDINGS LTD | -25 | 0.030 | 15.23M |
| ECG | ECARGO HOLDINGS LTD | -25 | 0.030 | 18.46M |
| WBE | WHITEBARK ENERGY LTD | -25 | 0.006 | 18.15M |
| FPL | FREMONT PETROLEUM CORP LTD | -25 | 0.003 | 5.01M |
| AVZ | AVZ MINERALS LTD | -26 | 0.067 | 154.72M |
| ADO | ANTEOTECH LTD | -26 | 0.018 | 27.65M |
| DVL | DORSAVI LTD | -29 | 0.015 | 3.47M |
| ICU | ISENTRIC LTD | -30 | 0.007 | 1.43M |
| JAY | JAYRIDE GROUP LTD | -30 | 0.175 | 17.69M |
| JXT | JAXSTA LTD | -30 | 0.053 | 13.08M |
| IGN | IGNITE LTD | -31 | 0.011 | 985.40k |
| JPR | JUPITER ENERGY LTD | -33 | 0.006 | 920.27k |
| RLC | REEDY LAGOON CORP LTD | -33 | 0.002 | 804.54k |
| ELT | ELEMENTOS LTD | -33 | 0.002 | 5.09M |
| AYR | ALLOY RESOURCES LTD | -33 | 0.001 | 2.09M |
| ICG | INCA MINERALS LTD | -33 | 0.001 | 4.05M |
| GGX | GAS2GRID LTD | -33 | 0.002 | 2.76M |
| E2E | EON NRG LTD | -33 | 0.002 | 1.54M |
| MRD | MOUNT RIDLEY MINES LTD | -33 | 0.002 | 5.37M |
| HWK | HAWKSTONE MINING LTD | -33 | 0.004 | 5.09M |
| PRM | PROMINENCE ENERGY LTD | -33 | 0.001 | 1.32M |
| RFN | REFFIND LTD | -33 | 0.002 | 2.05M |
| TGA | THORN GROUP LTD | -35 | 0.110 | 35.46M |
| VRS | VERIS LTD | -37 | 0.034 | 12.70M |
| IKW | IKWEZI MINING LTD | -50 | 0.001 | 4.07M |
| MRG | MURRAY RIVER ORGANICS GROUP | -53 | 0.012 | 26.47M |
Murray River Organics (ASX:MRG) -53%
The top loser on Stockhead’s small caps watchlist, Murray River Organics, has not had an enjoyable time this week after emerging from suspension following a bit of a board upheaval and a $25m capital raise.
It went into suspension back in December regarding discussions with its financier.
