ASX small cap winners June 11-14
Marquee Resources (ASX:MQR) was the week’s winner, after telling the market they plan to buy Centenario Lithium, a company incorporated in Australia but which holds a 30 per cent interest in Lithium Power International Holdings (Argentina) — that owns 100 per cent of seven leases in the Centenario Salar in Northern Argentina.
The cherry on top is that Marquee is to receive commitments for a capital raising of not less than $500,000 at 10c per share from the Centenario Lithium shareholders as part of the deal.
Number two is AustChina Holdings (ASX:AUH) — although without any news out, we’re not sure why.
At number three is Eve Investments (ASX:EVE). Likewise they had no news out this week — or indeed, this month — so we may claim this one: check out our interview with the main man at Eve’s cannabis honey subsidiary Ben Rohr.
Countplus (ASX:CUP) is the next one down the list of winners which actually has any news out — and what news.
They’re buying Count Financial from Commonwealth Bank of Australia (ASX:CBA).
Here are the best performing ASX small cap stocks for June 11-14:
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ASX small cap losers June 11-14
Nelson Resources (ASX:NES) has a rough week. It was the biggest loser (with news, that is) and Metals X (ASX:MLX) sold down from 11.26 per cent to 9.94 per cent.
For Flexiroam (ASX:FRX) shareholders it was an even worse week: they want to delist.
They told the market the illiquidity of the stock, the persistently low market cap, an inability to raise money at a reasonable price, and the fees around being listed were the reasons why they’re leaving.
Shareholders are peeved.
Here are the worst performing ASX small cap stocks for June 11-14:
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