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Weekly ASX small cap wrap: Who’s fooling everyone this week?
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It’s the scandal that has rocked the internet, the discovery that late night talkshow host James Corden isn’t actually driving during his popular ‘Carpool Karaoke’ segment.
The revelation has sparked off a wave of fans expressing their – sometimes over the top – displeasure.
While this writer is pleased to have one of his suspicions confirmed – and also happy to know that they have prioritised safety over showmanship – we will now move onto something completely different.
The ASX surged mid-week after shares in supermarket stocks rallied on news that German supermarket chain Kaufland decided to abandon its Australian ambitions.
Here are this week’s ASX Small Cap Winners & Losers:
ASX SMALL CAP WINNERS
Shares in Windfarm builder Windlab charged up this week after Sydney renewable energy investor Federation Asset Management Holdings made a $68m takeover bid.
The opportunistic $1-a-share offer is via a scheme of arrangement that requires approval from the company’s board and shareholders.
Federation’s Stephen Panizza said in November that the investor liked Windlab’s exposure to the African market, while Green Energy Markets director Tristan Edis described the company’s 30 megawatt Kiata windfarm as one of the best performing in Victoria.
READ: Renewable Energy: New investor blows into Windlab with $68m offer
Chesser Resources (ASX:CHZ) +28%
Chesser Resources made a high-grade gold discovery at the Northern Arc target within the flagship Diamba Sud project in Senegal.
Drilling returned results of 2m at 18.2 grams per tonne (g/t) gold from 14m within a broader zone of 4m at 9.36g/t gold in saprolite as well as 10m at 13.11 grams per tonne (g/t) gold from a depth of 86m in fresh rock.
The company also extended gold mineralisation at Area A by at least 300m with assays of 4m at 15.44g/t gold from 8m and 2m at 24.43g/t gold from 103m.
Here are the best performing ASX small cap stocks for January 20 – January 24 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Name | Price Last Friday | Price this Friday | % Return | Market Cap |
|---|---|---|---|---|---|
| PSZ | PS&C LTD | 0.02 | 0.03 | 74.02% | 11.6M |
| TGO | TRIMANTIUM GROWTHOPS LTD | 0.11 | 0.19 | 72.73% | 26.4M |
| GSM | GOLDEN STATE MINING LTD | 0.05 | 0.09 | 61.82% | 3.3M |
| ZNO | ZOONO GROUP LTD | 0.49 | 0.69 | 50.52% | 119.2M |
| BAS | BASS OIL LTD | 0.00 | 0.00 | 50.00% | 10m |
| MDI | MIDDLE ISLAND RESOURCES LTD | 0.00 | 0.01 | 50.00% | 8.2M |
| MRD | MOUNT RIDLEY MINES LTD | 0.00 | 0.00 | 50.00% | 8M |
| PNN | PEPINNINI LITHIUM LTD | 0.00 | 0.00 | 50.00% | 4.3M |
| AX8 | ACCELERATE RESOURCES LTD | 0.03 | 0.04 | 42.86% | 2.2M |
| AIV | ACTIVEX LTD | 0.09 | 0.11 | 38.89% | 22.2M |
| WNB | WELLNESS AND BEAUTY SOLUTION | 0.01 | 0.01 | 37.50% | 11.4M |
| SCN | SCORPION MINERALS LTD | 0.01 | 0.01 | 36.36% | 2.7M |
| AZY | ANTIPA MINERALS LTD | 0.01 | 0.02 | 33.33% | 33.3M |
| MRV | MORETON RESOURCES LTD | 0.00 | 0.00 | 33.33% | 12.4M |
| ICG | INCA MINERALS LTD | 0.00 | 0.00 | 33.33% | 8.1M |
| E2E | EON NRG LTD | 0.00 | 0.00 | 33.33% | 3.1M |
| SI6 | SIX SIGMA METALS LTD | 0.00 | 0.00 | 33.33% | 2.6M |
| AVW | AVIRA RESOURCES LTD | 0.00 | 0.00 | 33.33% | 2.3M |
| VUL | VULCAN ENERGY RESOURCES LTD | 0.17 | 0.21 | 33.33% | 10.7M |
| LI3 | LITHIUM CONSOLIDATED LTD | 0.03 | 0.03 | 32.00% | 4.9M |
| PGY | PILOT ENERGY LTD | 0.02 | 0.03 | 31.58% | 2M |
| WND | WINDLAB LTD | 0.72 | 0.94 | 31.25% | 64.5M |
| GMV | G MEDICAL INNOVATION HOLDING | 0.13 | 0.17 | 30.77% | 69.5M |
| WGO | WARREGO ENERGY LTD | 0.19 | 0.24 | 30.77% | 180.8M |
| RNE | RENU ENERGY LTD | 0.02 | 0.03 | 30.43% | 3.6M |
| SCT | SCOUT SECURITY LTD | 0.07 | 0.09 | 28.79% | 10.1M |
| RMI | RESOURCE MINING CORP LTD | 0.01 | 0.01 | 28.57% | 2.7M |
| CHZ | CHESSER RESOURCES LTD | 0.07 | 0.09 | 27.94% | 24.8M |
| N1H | N1 HOLDINGS LTD | 0.06 | 0.08 | 27.69% | 6.8M |
| BSX | BLACKSTONE MINERALS LTD | 0.17 | 0.20 | 27.27% | 40.3M |
ASX SMALL CAP LOSERS
Global Oil & Gas (ASX:GLV) -50%
Global Oil & Gas fell 50 per cent on no news.
Here are the worst performing ASX small cap stocks for January 20 – January 24 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Name | Price last Friday | Price this Friday | % Return | Market Cap |
|---|---|---|---|---|---|
| EHX | EHR RESOURCES LTD | 0.14 | 0.12 | -21.43% | 13.9M |
| OPL | OPYL LTD | 0.19 | 0.14 | -21.62% | 4.3M |
| SIS | SIMBLE SOLUTIONS LTD | 0.02 | 0.02 | -21.74% | 3M |
| ICN | ICON ENERGY LIMITED | 0.01 | 0.01 | -22.22% | 4.2M |
| OLV | OTHERLEVELS HOLDINGS LIMITED | 0.01 | 0.01 | -22.22% | 2M |
| MNS | MAGNIS ENERGY TECHNOLOGIES L | 0.14 | 0.10 | -22.22% | 65.4M |
| RFR | RAFAELLA RESOURCES LTD | 0.15 | 0.12 | -23.33% | 8.1M |
| MNW | MINT PAYMENTS LTD | 0.02 | 0.02 | -23.81% | 14.6M |
| CIO | CONNECTED IO LTD | 0.00 | 0.00 | -25.00% | 7.2M |
| SRY | STORY-I LTD | 0.02 | 0.01 | -25.00% | 4.4M |
| AYR | ALLOY RESOURCES LTD | 0.00 | 0.00 | -25.00% | 3.1M |
| IDZ | INDOOR SKYDIVING AUSTRALIA G | 0.01 | 0.01 | -27.27% | 2.7M |
| MRQ | MRG METALS LTD | 0.02 | 0.01 | -27.78% | 13.7M |
| OKJ | OAKAJEE CORP | 0.04 | 0.03 | -28.57% | 2.7M |
| TZL | TZ LTD | 0.18 | 0.13 | -30.56% | 9.8M |
| CLZ | CLASSIC MINERALS LTD | 0.00 | 0.00 | -33.33% | 14M |
| MLS | METALS AUSTRALIA LTD | 0.00 | 0.00 | -33.33% | 3.2M |
| RIM | RIMFIRE PACIFIC MINING NL | 0.00 | 0.00 | -33.33% | 3M |
| SBR | SABRE RESOURCES LTD | 0.00 | 0.00 | -33.33% | 1.7M |
| DDD | 3D RESOURCES LTD | 0.00 | 0.00 | -33.33% | 1.2M |
| ANA | ANSILA ENERGY NL | 0.03 | 0.02 | -46.87% | 8.6M |
| VPR | VOLT POWER GROUP LTD | 0.00 | 0.00 | -50.00% | 9M |
| GLV | GLOBAL OIL & GAS LTD | 0.00 | 0.00 | -50.00% | 3.1M |
