ASX small cap winners Oct 12-19

Muscular Dystrophy researcher Antisense Therapeutics (ASX:ANP) went on a big run this week — and told the ASX it had no idea why.

The stock was up 177 per cent to 5c at week’s close. Though it traded as high as 9c — it’s highest point since February 2016.

Antisense has been focusing on Phase 2 clinical trial for a treatment for Duchenne Muscular Dystrophy (DMD), a muscle-wasting disease that affects boys only — putting them in wheelchairs by their teens and cutting lives short in their 20s.

Viagra mouth spray maker Suda (ASX:SUD) also had to explain to the ASX why its stock shot up on Wednesday — and believes it was caused by Twitter activity.

The shares ended up 75 per cent at 0.7c for the week.

Suda pointed to tweets by Twitter users @Vontrader and @Treasurehunter comparing the stock to to HIV-fighting phenomenon Biotron (ASX:BIT) — which has jumped as much as 2000 per cent in recent weeks.

Biotron’s share price began to rocket after it announced positive clinical trial results for its HIV treatment.

“Neither Treasurhunter or Vontrader are related parties of the company,” Suda insisted.

Biotron — a star of this column over the past few weeks — finished up 70 per cent at 29c for the week.

Not quite the $1 some punters were hoping for or even the 44.5c it touched on Tuesday. But still a very nice gain on the 2c it was fetching last month.

China-focused infant formula stock Jatenergy (ASX:JAT) has also been in recovery mode this week — and again it’s not clear why.

Jatenergy exploded last year, rocketing from 1c as high as 29c — but then fell back to earth as one of its infant formula suppliers was placed into receivership.

The shares were below 4c a week ago after they was suspended for failing to lodge an annual report. But after loding the report, they jumped back to 8.1c — a 113 per cent increase for the week.

In the September quarter JAT burned $5.5 million cash after banking $10.7 million in receipts — leaving $1.6 million in the kitty.

Planet Gas (ASX:PGS) climbed 67 per cent to 0.5c after off-loading its US business — and $US2.75 million debt owed to Macquarie Bank — to High Peak Royalties (ASX:HPR) for $1.

The sale included 3% royalties on 2000 oil-producing wells in Pennsylvania and New York state.

Planet Gas “continues to consider investment opportunities that may add shareholder value,” the company told investors.

Any acquisitions would require re-compliance with ASX listing rules.

eSense Labs (ASX:ESE) dropped back on Friday after almost tripling to 10c earlier in the week — and earning an ASX query.

But the stock finished the week up two-fold at 7c.

On Thursday eSense told investors the UK pilot deal for its lemon terpene liquid had made $US18,000 since March.

The ASX questioned when it started selling to the anonymous company after its share price surged 75 per cent.

Here are the best performing ASX small cap stocks for Oct 12-19:

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ASX code Company One-week price change Price Oct 19 Market Cap
ANP ANTISENSE THERAP 1.77777777778 0.05 19.0M
PPY PAPYRUS AUSTRALI 1.33333333333 0.014 3.2M
MEM MEMPHASYS 1.13333333333 0.032 18.2M
JAT JATENERGY 1.13157894737 0.081 50.1M
RRS RANGE RESOURCES 1 0.002 8.5M
NME NEX METALS EXPLO 1 0.01 1.9M
LKO LAKES OIL NL 1 0.002 60.6M
ESE ESENSE-LAB 1 0.07 8.1M
LCT LIVING CELL TECH 0.966666666667 0.059 23.4M
SHH SHREE MINERALS L 0.866666666667 0.028 4.8M
TOM TOMIZONE 0.75 0.014 4.3M
SUD SUDA PHARMACEUTI 0.75 0.007 18.1M
AJJ ASIAN AMERICAN M 0.714285714286 0.12 40.5M
BIT BIOTRON 0.705882352941 0.29 130.7M
S3R SERPENTINE TECHN 0.666666666667 0.005 2.9M
PGS PLANET GAS 0.666666666667 0.005 2.2M
FRX FLEXIROAM 0.575 0.063 14.0M
PCL PANCONTINENTAL 0.5 0.003 13.5M
MTB MOUNT BURGESS 0.5 0.006 2.6M
MRD MOUNT RIDLEY MIN 0.5 0.003 3.8M
MOX MONAX MINING 0.5 0.003 1.8M
BPH BPH ENERGY 0.5 0.003 1.0M
AKN AUKING MINING 0.5 0.003 1.9M
SCU STEMCELL UNITED 0.478260869565 0.034 14.9M
NCR NUCOAL RESOURCES 0.428571428571 0.02 15.4M
MRV MORETON RESOURCE 0.428571428571 0.01 31.0M
SMX SECURITY MATTERS 0.4 0.28 25.4M
PWN PARKWAY MINERALS 0.4 0.007 4.2M
CDX CARDIEX 0.387096774194 0.043 20.8M
SOR STRATEGIC ELEMEN 0.384615384615 0.054 9.6M
POD PODIUM MINERALS 0.370967741935 0.085 8.1M
TLX TELIX PHARMA 0.356643356643 0.97 182.6M
PAA PHARMAUST 0.342857142857 0.047 10.1M
PG1 PEARL GLOBAL 0.333333333333 0.2 29.0M
ACL ALCHEMIA 0.333333333333 0.012 4.5M
TNY TINYBEANS GROUP 0.333333333333 0.32 7.2M

 

ASX small cap losers Oct 12-19

Retailer The Reject Shop (ASX:TRS) plunged 45 per cent this week after warning investors of a profit drop in the December half.

The discount store said it was now only expecting to make between $10 and $11 million profit after sales in the first 15 weeks fell into negative territory.

The stock finished the week at $2.46 — down from $4.47 on Tuesday.

The Reject Shop previously said it expected to report an FY19 net profit after tax that was “consistent with last year of $17.7m”.

The company blamed a deteriorating retail environment that worsened in September and October.

Meanwhile besieged uranium player Berkeley Energia (ASX:BKY) fell 45 per cent after struggling to respond to media reports that Spanish authorities would not authorise permits for its flagship Salamanca project near Madrid.

The news sent Berkeley’s share price spiralling from 47c to 28.5c this week.

Here are the worst performing ASX small cap stocks for Oct 12-19:

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ASX code Company One-week price change Price Oct 19 Market Cap
TRS REJECT SHOP -0.453333333333 2.46 76.0M
BKY BERKELEY ENERGIA -0.446601941748 0.285 71.1M
CSE COPPER STRIKE -0.354838709677 0.1 10.7M
HHM HAMPTON HILL MNG -0.346153846154 0.017 5.0M
TNP TRIPLE ENERGY -0.333333333333 0.018 870.4k
SBU SIBURAN RESOURCE -0.333333333333 0.002 2.1M
AHN ATHENA RESOURCES -0.333333333333 0.01 2.2M
SPB SOUTH PACIFIC RE -0.285714285714 0.005 827.6k
SI6 SIX SIGMA METALS -0.285714285714 0.005 2.7M
MHJ MICHAEL HILL INT -0.285714285714 0.65 263.5M
LHM LAND & HOMES GRO -0.28 0.018 18.9M
OEL OTTO ENERGY -0.277108433735 0.06 114.1M
FHS FREEHILL MINING -0.25 0.018 7.3M
MNC METMINCO -0.25 0.003 3.1M
AO1 ASSETOWL -0.235294117647 0.026 2.9M
GSN GREAT SOUTHERN M -0.234042553191 0.036 11.1M
ZYB ZYBER HOLDINGS L -0.230769230769 0.01 6.5M
AAP AUSTRALIAN AGRIC -0.230769230769 0.02 3.0M
PGI PANTERRA GOLD -0.212121212121 0.026 2.6M
ANW AUS TIN MINING L -0.208333333333 0.019 41.5M
IHR INTELLIHR HOLDIN -0.205882352941 0.135 17.8M
GRV GREENVALE ENERGY -0.2 0.02 1.9M
TYK TYCHEAN RESOURCE -0.2 0.004 2.3M
SER STRATEGIC ENERGY -0.2 0.004 3.5M
RNX RENEGADE EXPLORA -0.2 0.004 2.9M
MSE METALSEARCH -0.2 0.008 4.8M
LRS LATIN RESOURCES -0.2 0.004 14.1M
EER EAST ENERGY RESO -0.2 0.004 12.8M
BUY BOUNTY OIL & GAS -0.2 0.004 3.8M
AGE ALLIGATOR ENERGY -0.2 0.004 4.0M