Weekly ASX Small Cap Wrap: Who’s blundering around in the dark this week?
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News
You would think that a parrot with nocturnal habits would have good night vision, but in the case of Australia’s elusive night parrot, you would also be dead wrong.
Turns out that the endangered night parrot — just one of only two nocturnal parrot species in the world — actually has pretty bad eyesight, according to a 3D reconstruction of the bird’s skull by Flinders University researchers.
The poor resolution of the night parrot’s eyesight is particularly perplexing considering that it has retained its ability to fly while the other nocturnal parrot, New Zealand’s large Kakapo that shares its poor eyesight, is flightless, reported the ABC.
A University of Queensland PhD candidate says the new finding could explain why other nocturnal birds like owls can fly around trees but the night parrot lives in open plains.
To keep you from blundering around in the dark like the poor night parrot, here are some of the week’s biggest small cap movers.
ASX SMALL CAP WINNERS
Immuron (ASX:IMC) +219%
Coming out second on the list of top gainers this week is Immuron, which revealed this week that its research partner had requested a pre-investigational new drug (IND) application meeting with the FDA for Immuron’s oral immunotherapeutics.
The US Naval Medical Research Center is keen to proceed with phase two trials of the company’s drug, which prevents acute infectious diarrhoea, during the first half of 2021.
Beston Global Food Company (ASX:BFC) +100%
Shares in the company soared after it announced the sale of its dairy farms in Mount Gambier, South Australia to Aurora Dairies for $40.4m in cash.
The deal will give Beston the rights to 100 per cent of the dairy supply from those farms for a 10-year period, while also reducing debt and freeing up capital to expand the company’s operations in mozzarella and lactoferrin production.
Here are the best performing ASX small cap stocks for June 5 – June 12 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
CODE | NAME | RETURN % | PRICE THIS FRIDAY [INTRADAY] | MARKET CAP |
---|---|---|---|---|
ICU | ISENTRIC LTD | 300 | 0.028 | 5.70M |
IMC | IMMURON LTD | 219 | 0.255 | 45.19M |
T3D | 333D LTD | 100 | 0.002 | 2.13M |
GGX | GAS2GRID LTD | 100 | 0.002 | 2.76M |
IKW | IKWEZI MINING LTD | 100 | 0.002 | 8.13M |
BFC | BESTON GLOBAL FOOD CO LTD | 100 | 0.100 | 47.11M |
NME | NEX METALS EXPLORATION LTD | 100 | 0.080 | 15.42M |
TMZ | THOMSON RESOURCES LTD | 78 | 0.026 | 3.80M |
SUP | SUPERIOR LAKE RESOURCES LTD | 76 | 0.090 | 11.78M |
GTE | GREAT WESTERN EXPLORATION LT | 76 | 0.089 | 6.13M |
GUL | GULLEWA LTD | 69 | 0.110 | 17.85M |
SGO | STREAM GROUP LTD | 68 | 0.047 | 10.31M |
NTI | NEUROTECH INTERNATIONAL LTD | 67 | 0.010 | 2.15M |
UCW | UCW LTD | 63 | 0.150 | 17.63M |
NVX | NOVONIX LTD | 61 | 1.100 | 289.53M |
GID | GI DYNAMICS INC-CDI | 60 | 0.008 | 14.64M |
RMI | RESOURCE MINING CORP LTD | 60 | 0.008 | 2.37M |
SCN | SCORPION MINERALS LTD | 59 | 0.035 | 7.16M |
ABT | ABUNDANT PRODUCE LTD | 59 | 0.027 | 2.29M |
MGV | MUSGRAVE MINERALS LTD | 58 | 0.380 | 175.98M |
LMG | LATROBE MAGNESIUM LTD | 50 | 0.015 | 19.45M |
1AD | ADALTA LTD | 50 | 0.105 | 17.21M |
DHR | DARK HORSE RESOURCES LTD | 50 | 0.003 | 7.48M |
BAS | BASS OIL LTD | 50 | 0.002 | 5.01M |
GLA | GLADIATOR RESOURCES LTD | 50 | 0.002 | 3.00M |
OEX | OILEX LTD | 50 | 0.003 | 10.95M |
OAR | OAKDALERESOURCES LTD | 50 | 0.003 | 3.45M |
MRQ | MRG METALS LTD | 50 | 0.009 | 11.11M |
GSM | GOLDEN STATE MINING LTD | 45 | 0.305 | 13.96M |
CXX | CRADLE RESOURCES LTD | 41 | 0.045 | 8.54M |
MQR | MARQUEE RESOURCES LIMITED | 39 | 0.053 | 3.37M |
PXX | POLARX LTD | 38 | 0.040 | 16.65M |
KP2 | KORE POTASH PLC - CDI | 36 | 0.015 | 12.89M |
INP | INCENTIAPAY LTD | 36 | 0.034 | 22.30M |
AUR | AURIS MINERALS LTD | 35 | 0.046 | 18.80M |
CPT | CIPHERPOINT LTD | 35 | 0.027 | 1.06M |
ALY | ALCHEMY RESOURCES LTD | 33 | 0.016 | 8.81M |
DDD | 3D RESOURCES LTD | 33 | 0.004 | 13.24M |
ECT | ENVIRONMENTAL CLEAN TECHNOLO | 33 | 0.002 | 19.20M |
BMG | BMG RESOURCES LTD | 33 | 0.004 | 2.69M |
QFY | QUANTIFY TECHNOLOGY HOLDINGS | 33 | 0.002 | 4.02M |
VMS | VENTURE MINERALS LTD | 33 | 0.020 | 16.16M |
CYM | CYPRIUM METALS LTD | 33 | 0.160 | 8.97M |
FCT | FIRSTWAVE CLOUD TECHNOLOGY L | 32 | 0.090 | 49.27M |
ASX SMALL CAP LOSERS
YPB Group (ASX:YPB) -33%
Shares in YPB fell after it raised capital to repay a director loan of $600,000.
It subsequently borrowed another $400,000 to fund technical development.
Here are the worst performing ASX small cap stocks for June 5 – June 12 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
CODE | NAME | RETURN % | PRICE THIS FRIDAY [INTRADAY] | MARKET CAP |
---|---|---|---|---|
FBR | FBR LTD | -21 | 0.050 | 89.90M |
HT1 | HT&E LTD | -21 | 1.230 | 344.21M |
ECS | ECS BOTANICS HOLDINGS LTD | -21 | 0.023 | 11.67M |
OSP | OSPREY MEDICAL INC-CDI | -21 | 0.011 | 14.14M |
NUH | NUHEARA LTD | -22 | 0.014 | 19.04M |
EM1 | EMERGE GAMING LTD | -22 | 0.014 | 9.20M |
ADY | ADMIRALTY RESOURCES NL | -22 | 0.007 | 8.11M |
EN1 | ENGAGE:BDR LTD | -22 | 0.007 | 6.67M |
OPY | OPENPAY GROUP LTD | -22 | 2.390 | 257.80M |
CLT | CELLNET GROUP LTD | -23 | 0.030 | 6.95M |
BPL | BROKEN HILL PROSPECTING LTD | -23 | 0.020 | 5.28M |
AMB | AMBITION GROUP LTD | -23 | 0.023 | 1.55M |
PKO | PEAKO LTD | -24 | 0.013 | 1.68M |
PDZ | PRAIRIE MINING LTD | -24 | 0.130 | 27.60M |
TNR | TORIAN RESOURCES LTD | -24 | 0.029 | 12.92M |
DAF | DISCOVERY AFRICA LTD | -24 | 0.019 | 3.65M |
FEL | FE LTD | -25 | 0.012 | 5.86M |
CZL | CONSOLIDATED ZINC LTD | -25 | 0.003 | 6.90M |
SBR | SABRE RESOURCES LTD | -25 | 0.003 | 2.57M |
UUV | UUV AQUABOTIX LTD | -25 | 0.002 | 1.14M |
TIA | TIAN AN AUSTRALIA LTD | -25 | 0.225 | 19.49M |
CML | CHASE MINING CORPORATION LTD | -26 | 0.014 | 3.62M |
PDI | PREDICTIVE DISCOVERY LTD | -27 | 0.077 | 50.12M |
PLL | PIEDMONT LITHIUM LTD | -27 | 0.095 | 98.12M |
RNU | RENASCOR RESOURCES LTD | -29 | 0.010 | 13.31M |
DCG | DECMIL GROUP LTD | -30 | 0.057 | 50.85M |
OKJ | OAKAJEE CORP | -30 | 0.035 | 3.20M |
LCY | LEGACY IRON ORE LTD | -33 | 0.002 | 12.49M |
ALT | ANALYTICA LTD | -33 | 0.002 | 7.04M |
MTB | MOUNT BURGESS MINING NL | -33 | 0.002 | 1.06M |
PCL | PANCONTINENTAL OIL & GAS NL | -33 | 0.001 | 5.41M |
YPB | YPB GROUP LTD | -33 | 0.002 | 3.39M |
SMI | SANTANA MINERALS LTD | -33 | 0.002 | 5.37M |
GBP | GLOBAL PETROLEUM LTD | -33 | 0.010 | 2.03M |
FZR | FITZROY RIVER CORP LTD | -34 | 0.105 | 9.07M |