It’s not COVID-19 that’s forcing Gondola drivers to restrict the number of passengers, it’s fat tourists.

Gondola tours in Venice have reduced the maximum number of passengers on smaller boats from six to five because “overweight” tourists were causing water to enter the vessel.

“Tourists are now overweight. From some countries, bombs load [onto the boats]. And when [the boat] is fully loaded, the hull sinks and water enters,” The Guardian quoted substitute gondoliers association president Raoul Roveratto as saying.

Over to markets and here are some of the heavy movers of the week.

 

ASX SMALL CAP WINNERS

Traka Resources (ASX:TKL) +289%

Traka’s decision to give up a 20 per cent free-carried interest in lithium rights for 100 per cent of the gold rights at the Mt Cattlin North Tenements proved to be hugely popular with its shareholders.

The Mt Cattlin North Tenements had a long history of gold mining and exploration, with 18 separate small-scale mines that mined a reported 23,006 tonnes of ore grading 24.56 grams per tonne gold.

Immuron (ASX:IMC) +139%

Shares in Immuron jumped on the back of news that one of its drug candidates might help with COVID-19 symptoms.

A petri dish assessment of IMM-124E demonstrated neutralising activity against the virus, meaning it was able to inhibit replication.

Here are the best performing ASX small cap stocks for July 17 – July 24 [intraday]:

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

CODE NAME RETURN % PRICE THIS FRIDAY [INTRADAY] MARKET CAP
TKL TRAKA RESOURCES LTD 289 0.035 14.02M
IMC IMMURON LTD 139 0.525 93.60M
TNT TESSERENT LTD 138 0.195 99.87M
GPX GRAPHEX MINING LTD 123 0.054 10.12M
UUL ULTIMA UNITED LTD 122 0.220 6.45M
LCY LEGACY IRON ORE LTD 100 0.006 37.48M
SRN SUREFIRE RESOURCES NL 75 0.007 4.40M
ELT ELEMENTOS LTD 60 0.008 20.39M
YOJ YOJEE LTD 60 0.150 148.00M
AGE ALLIGATOR ENERGY LTD 56 0.007 10.07M
DEV DEVEX RESOURCES LTD 55 0.155 36.88M
LOM LUCAPA DIAMOND CO LTD 54 0.071 45.51M
KTE K2 ENERGY LTD 54 0.020 6.01M
3DP POINTERRA LTD 52 0.190 126.01M
YPB YPB GROUP LTD 50 0.006 11.37M
QFY QUANTIFY TECHNOLOGY HOLDINGS 50 0.0015 3.01M
CGN CRATER GOLD MINING LTD 50 0.012 14.73M
MGT MAGNETITE MINES LTD 50 0.003 6.74M
CCE CARNEGIE CLEAN ENERGY LTD 50 0.0015 16.71M
EN1 ENGAGE:BDR LTD 50 0.012 13.67M
TPD TALON PETROLEUM LTD 50 0.003 5.33M
GBE GLOBE METALS AND MINING LTD 50 0.018 8.39M
IVR INVESTIGATOR RESOURCES LTD 48 0.037 31.29M
NZS NEW ZEALAND COASTAL SEAFOODS 47 0.028 20.38M
MRR MINREX RESOURCES LTD 47 0.025 5.17M
SWK SWICK MINING SERVICES LTD 46 0.190 57.32M
HT8 HARRIS TECHNOLOGY GROUP LTD 46 0.054 10.42M
SVL SILVER MINES LTD 46 0.175 176.77M
BLG BLUGLASS LTD 45 0.064 64.45M
POD PODIUM MINERALS LTD 45 0.055 14.22M
CLQ CLEAN TEQ HOLDINGS LTD 44 0.195 145.56M
DW8 DIGITAL WINE VENTURES LTD 43 0.040 50.41M
CGS COGSTATE LTD 42 0.570 96.98M
EXR ELIXIR ENERGY LTD 42 0.068 46.87M
WSP WHISPIR LTD 41 4.740 492.18M
EQE EQUUS MINING LTD 40 0.014 19.77M
CIO CONNECTED IO LTD 40 0.028 6.80M
ACB A-CAP ENERGY LTD 40 0.014 12.21M
AZY ANTIPA MINERALS LTD 40 0.049 119.55M
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ASX SMALL CAP LOSERS

White Rock Minerals (ASX:WRM) -44%

Despite reporting high-grade gold results from geological reconnaissance and systematic soil sampling of the Last Chance target in Alaska, shares in White Rock plummeted this week.

Here are the worst performing ASX small cap stocks for July 17 – July 24 [intraday]:

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

CODE NAME RETURN % PRICE THIS FRIDAY [INTRADAY] MARKET CAP
ODA ORCODA LTD -18 0.115 13.34M
RNE RENU ENERGY LTD -19 0.021 2.53M
MGU MAGNUM MINING AND EXPLORATIO -20 0.033 10.33M
DCX DISCOVEX RESOURCES LTD -20 0.008 9.57M
ENA ENSURANCE LTD -20 0.016 9.14M
GGE GRAND GULF ENERGY LTD -20 0.004 1.53M
OEX OILEX LTD -20 0.002 7.61M
OLV OTHERLEVELS HOLDINGS LIMITED -20 0.004 2.27M
REE RAREX LTD -20 0.068 24.22M
RHY RHYTHM BIOSCIENCES LTD -20 0.084 8.46M
JDR JADAR RESOURCES LTD -20 0.020 10.50M
IQ3 IQ3CORP LTD -20 0.240 24.94M
CBE COBRE LTD -20 0.175 18.02M
MEL METGASCO LTD -24 0.025 9.77M
MSM MSM CORPORATION INTERNATIONA -24 0.037 31.06M
FPL FREMONT PETROLEUM CORP LTD -25 0.003 6.41M
DHR DARK HORSE RESOURCES LTD -25 0.0015 5.95M
RXH REWARDLE HOLDINGS LTD -25 0.003 1.58M
KAS KASBAH RESOURCES LTD -25 0.009 1.22M
CAN CANN GROUP LTD -29 0.510 72.88M
SYA SAYONA MINING LTD -33 0.008 22.40M
ROG RED SKY ENERGY LTD -33 0.001 1.64M
ANL AMANI GOLD LTD -33 0.001 7.84M
ECT ENVIRONMENTAL CLEAN TECHNOLO -33 0.001 9.60M
WRM WHITE ROCK MINERALS LTD -44 0.005 36.33M
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