ASX Small Cap Winners Sep 14-21

Australia’s newest pot stock Althea (ASX:AGH) enjoyed a stellar debut on the ASX Friday — tripling its 20c issue price.

The stock hit 60c just after listing at 11am AEST Friday with $5 million worth of shares changing hands in the first hour.

Althea raised $19.6 million in what was a genuinely over-subscribed initial public offering.

The timing of the float could not have been better with strong momentum among marijuana stocks in North America.

The stock closed the week at 56c.

Meanwhile Australia’s newest tech stock archTIS (ASX:AR9) made a steady ASX debut on Friday — listing just above its 20c issue price. The Canberra-based cyber-security play closed at 18.5c.

archTIS had originally planned to raise up to $10 million — including oversubscriptions — and list on August 27.

Gas explorer Vintage Energy (ASX:VEN) debuted on Monday at 23c — a 15 per cent premium to its 20c issue price. It fell back to 20c at Friday’s close.

Marketing software maker Invigor Group (ASX:IVO) doubled this week after signing a deal with a supplier to WeChat, the hugely popular Chinese social media and payments app.

Invigor’s data and loyalty technology will be integrated into the app’s e-commerce functionality.

The stock closed the week up 100 per cent to 0.8c

3D printer Aurora Labs (ASX:A3D) soared more than 80 per cent to 76c after figuring to how to speed up the printing of complex parts.

The company’s 3D metal printing Large Format Technology achieved speeds of 662 grams an hour, or nearly 16kg a day.

Aurora says that puts it on track to be able to print 1000kg a day with its Rapid Manufacturing Printer in the near future.

At the end of the week the stock fell back to close at 69c.

Consolidated Zinc (ASX:CZL) jumped 62 per cent to 2.6c after farewelling its first shipment of ore from a project in Mexico.

Cons Zinc — which is expecting first revenue in October or November — plans to initially deliver 100 tonnes of ore per day for processing.

By mid next year the mine will scale up to deliver 10,000 tonnes per month.

Decimal Software (ASX:DSX) rose 50 per cent to 1.2c after it agreed to be bought out by Sargon Capital.

Sargon will acquire all of Decimal’s issued shares for 1.41c.

Decimal chairman Mark Potts said the board unanimously recommended shareholders vote in favour of the scheme.

Here are the best performing ASX small cap stocks for Sep 14-21:

Swipe or scroll to reveal full table. Click headings to sort

ASX code Company One-week price change Price Sep 14 Market Cap
AGH ALTHEA 1.8 0.56 110M
IVO INVIGOR GROUP 1 0.008 9.9M
GGX GAS2GRID 1 0.004 4.5M
AJC ACACIA COAL 1 0.002 4.0M
RND RAND MINING 0.791111111111 4.03 228.6M
A3D AURORA LABS 0.710843373494 0.71 44.6M
CZL CONSOLIDATED ZIN 0.625 0.026 24.0M
GSW GETSWIFT 0.510869565217 0.695 121.6M
XST XSTATE RESOURCES 0.5 0.006 3.1M
WGL WANGLE TECHNOLOG 0.5 0.003 6.2M
MRD MOUNT RIDLEY MIN 0.5 0.003 3.8M
IBN IBUYNEW GROUP 0.5 0.003 6.5M
EUZ EUROPA METALS 0.5 0.003 11.2M
DSX DECIMAL SOFTWARE 0.5 0.012 2.5M
DHR DARK HORSE RESOU 0.5 0.012 15.4M
DDT DATADOT TECHNOLO 0.5 0.003 1.6M
CLY CLANCY EXPLORATI 0.5 0.003 10.1M
RCP REDBANK COPPER L 0.466666666667 0.022 2.3M
VRX VENTNOR RESOURCE 0.461538461538 0.095 32.8M
RAW RAWSON OIL AND G 0.461538461538 0.038 2.9M
VLS VITA LIFE SCIENC 0.458333333333 1.05 57.6M
IEC INTRA ENERGY COR 0.444444444444 0.013 4.7M
GME GME RESOURCES 0.428571428571 0.11 41.0M
FOD FOOD REVOLUTION 0.428571428571 0.15 62.9M
DLC DELECTA 0.428571428571 0.01 5.7M
CZR COZIRON RESOURCE 0.428571428571 0.02 35.7M
AZI ALTA ZINC 0.4 0.007 8.2M
GBP GLOBAL PETROLEUM 0.375 0.055 8.9M
MGT MAGNETITE MINES 0.375 0.011 8.9M
3DP POINTERRA 0.366666666667 0.041 19.8M

 

ASX Small Cap Losers Sep 14-21

Chip maker 4DS Memory (ASX:4DS) slipped 43 per cent to 6.3c after a carefully worded announcement that it would need to further iterations of its technology.

Shares in 4DS — which is working on advanced memory chips — tripled in price from mid-July to late August.

But the stock gave up two-thords of those gains this week after “extensive technical analysis”  revealed “process modifications” required to enhance development of the wafer chips.

“It is expected that the planning and development strategy for this wafer lot will begin in the coming weeks and these wafers will be available for analysis in Q1 2019.”

Here are the worst performing ASX small cap stocks for Sep 14-21:

Swipe or scroll to reveal full table. Click headings to sort

ASX code Company One-week price change Price Sep 21 Market Cap
NME NEX METALS EXPLO -0.772727272727 0.005 953.3k
NIU NIUMINCO GROUP -0.5 0.001 4.0M
CHP CHAPMANS -0.5 0.001 2.7M
BPH BPH ENERGY -0.5 0.001 966.2k
BDI BLINA MINERALS -0.5 0.001 4.3M
ABL ABILENE OIL AND -0.5 0.002 795.2k
4DS 4DS MEMORY -0.427272727273 0.063 63.4M
AAU ADCORP AUSTRALIA -0.416666666667 0.007 1.3M
AVW AVIRA RESOURCES -0.4 0.003 4.0M
GCR GOLDEN CROSS RES -0.358974358974 0.05 5.1M
FFC FARMAFORCE -0.333333333333 0.1 12.8M
BSP BLACK STAR PETRO -0.333333333333 0.002 1.3M
MEI METEORIC RESOURC -0.32 0.017 14.9M
ODA ORCODA -0.31914893617 0.16 17.0M
IBX IMAGION BIOSYSTE -0.310810810811 0.051 15.9M
COB COBALT BLUE HOLD -0.297872340426 0.33 37.2M
LVE LOVE GROUP GLOBA -0.291666666667 0.085 3.6M
AO1 ASSETOWL -0.275 0.029 3.6M
CGO CPT GLOBAL -0.272727272727 0.16 5.6M
MEY MARENICA ENERGY -0.272 0.091 5.3M
SVT SERVTECH GLOBAL -0.266666666667 0.011 3.2M
OEQ ORION EQUITIES L -0.255813953488 0.16 3.8M
BPL BROKEN HILL PROS -0.253731343284 0.05 7.5M
S3R SERPENTINE TECHN -0.25 0.003 2.2M
ROG RED SKY ENERGY L -0.25 0.003 2.5M
OEX OILEX -0.25 0.003 6.5M
MRV MORETON RESOURCE -0.25 0.006 19.5M
HCO HYLEA METALS -0.25 0.003 11.2M
GGE GRAND GULF ENERG -0.25 0.003 2.3M
EGY ENERGY TECHNOLOG -0.25 0.003 1.4M