ASX Small Cap Winners Jul 13-20

Keytone Dairy (ASX:KTD) joined the high-flying milk powder exporter gang last week with a 90 per cent spike in its first week on the ASX.

The New Zealand dairy producer makes whole and skim milk powder and other dairy powder blends under its proprietary brands.

It floated on Wednesday after raising $15 million through an initial public offering selling shares at 20c each.

The stock finished the week at 38c — almost double its issue price.

Dairy and infant formula stocks have been one of the best performing small cap themes over the past year.

Keytone joins the likes of Bioxyne, Bubs, Wattle Health, Bellamy’s, Jatenergy and A2 Milk which have all performed strongly in recent times.

Business risk forecaster Envirosuite (ASX:EVS) jumped 92 per cent for the week after delivering a strong quarterly sales update.

The business, which sells real time risk monitoring solutions for use by miners and construction companies, says it has doubled its annual revenue run rate and is approaching the $3 million mark for the first time.

The shares closed Friday at 10c, up from 5.2c seven days earlier.

Junior explorer OreCorp (ASX:ORR) climbed 60 per cent after completing an earn-in to acquire a gold project in Tanzania.

OreCorp spent $US14 million on feasibility studies and stumped up another $US3 million to move to 51 per cent ownership. It has an option to pay another $7 million for the remainder.

The site has an estimated 3.1 million ounces at 4 grams of gold per tonne. Anything above 5g/t is considered high grade.

The shares finished the week at 26.5c up from 16.5c the previous Friday.

Medical practice software maker 1ST Group (ASX:1ST) went flying after revealing strong sales growth.

1ST Group sells online booking software that helps practices such as optometrists and vets use customer data to upsell clients to extra products and services.

The group reported $3.4 million revenue for FY18 — an increase of 51 per cent from last year.

The shares jumped 29 per cent to 4.9c for the week.

The stock has traded between 3.4c and 6.4c over the past year. 1ST Group listed in 2015 (originally as 1ST Available) after raising $5.3 million in an initial public offering selling shares at 35c each.

The Environmental Group (ASX: EGL) — which has been listed for more than 40 years — climbed 50 per cent to 5.4c after its engineering subsidiary Baltec signed a $7 million contract with a Chinese client.

Baltec makes parts for gas turbine generators.

The deal was expected to boost second-half results, despite poor performance by EGL’s other subsidiary, air pollution controller TAPC.

Here are the best performing ASX small cap stocks for Jul 13-20:

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ASX code Company One-week change Price Jul 20 Market Cap
BSP BLACK STAR PETRO 1 0.002 1.1M
BPH BPH ENERGY 1 0.002 966.2k
AJC ACACIA COAL 1 0.002 2.4M
EVS ENVIROSUITE 0.923076923077 0.1 13.4M
KTD KEYTONE DAIRY 0.9 0.38 23.6M
OXX OCTANEX 0.714285714286 0.024 4.9M
IPB IPB PETROLEUM 0.7 0.034 4.8M
CAG CAPE RANGE 0.68 0.63 49.8M
SHH SHREE MINERALS 0.666666666667 0.01 2.8M
KPO KALINA POWER 0.65 0.033 15.1M
ORR ORECORP 0.606060606061 0.265 36.8M
GCR GOLDEN CROSS RES 0.511627906977 0.065 6.0M
EGL ENVIRON GROUP 0.5 0.054 11.2M
T3D 333D 0.5 0.003 1.8M
PCH PROPERTY CONNECT 0.5 0.003 2.4M
LKO LAKES OIL 0.5 0.003 57.6M
DDT DATADOT TECH 0.5 0.003 2.4M
AKN AUKING MINING 0.5 0.003 2.8M
ZYB ZYBER 0.5 0.009 5.2M
PIL PEPPERMINT INNOV 0.5 0.03 25.7M
PDI PREDICTIVE DISCO 0.5 0.03 6.4M
ICI ICANDY 0.488888888889 0.067 18.7M
PGY PILOT ENERGY 0.466666666667 0.022 1.4M
ADO ANTEO DIAGNOSTIC 0.4375 0.023 21.9M
BID BIDENERGY 0.41975308642 0.115 70.4M

 

ASX Small Cap Losers Jul 13-20

Cord blood freezer Cryosite lost 23 per cent this week after the competition regulator launched a lawsuit alleging cartel behaviour after it entered an asset sale deal with Cell Care Australia.

The ACCC is alleging “gun-jumping” in a suit in the Victorian branch of the Federal Court.

In June last year Cryosite agreed to sell its cord blood and tissue banking business to the only other servicer in the market — Cell Care — and received a $500,000 upfront payment.

The watchdog’s complaint is that the deal required Cryosite to refer all customer enquiries to Cell Care after the agreement was signed — but before the acquisition was completed.

The shares finished the week at 5.4c down from 7c a week earlier.

Here are the worst performing ASX small cap stocks for Jul 13-20:

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ASX code Company One-week change Price Jul 20 Market Cap
CI1 CREDIT INTELLIGE -0.5625 0.007 13.1M
CAD CAENEUS MINERALS -0.5 0.001 19.3M
BDI BLINA MINERALS -0.5 0.001 6.5M
STC SINETECH -0.285714285714 0.005 4.2M
NOR NORWOOD SYSTEMS -0.285714285714 0.005 8.0M
AUL AUSTAR GOLD -0.285714285714 0.005 11.4M
CEL CHALLENGER ENERGY -0.272727272727 0.008 3.5M
FHS FREEHILL MINING -0.254545454545 0.041 21.0M
VPR VOLT POWER GROUP -0.25 0.003 33.0M
OVL ORO VERDE -0.25 0.003 2.9M
OEX OILEX -0.25 0.003 6.0M
MOX MONAX MINING -0.25 0.003 2.2M
GGX GAS2GRID -0.25 0.003 3.4M
ABV ADVANCED BRAKING -0.25 0.003 6.7M
MDI MIDDLE ISLAND -0.235294117647 0.013 9.1M
BLK BLACKHAM RES -0.235294117647 0.052 69.6M
CTE CRYOSITE -0.228571428571 0.054 2.5M
RNX RENEGADE -0.222222222222 0.007 5.0M
PGI PANTERRA GOLD -0.222222222222 0.042 6.9M
E2E EON NRG -0.222222222222 0.007 3.3M
AVW AVIRA RESOURCES -0.222222222222 0.007 3.4M
SMM SUMMIT RESOURCES -0.214285714286 0.11 24.0M
KIS KING ISLAND -0.206349206349 0.05 10.9M
IP1 INTEGRATED PAY -0.205882352941 0.027 5.3M
HZN HORIZON OIL -0.204545454545 0.105 149.7M