According to the Wall Street Journal, Trump is serious about buying the autonomous Danish territory of Greenland.

ASX SMALL CAP WINNERS:

Castle Minerals (ASX:CDT) +100%

Castle Minerals (ASX:CDT) listed in 2006 to explore for gold in Ghana and, over the next decade or so, sank tens of millions of dollars into its huge ~11,000sqkm landholding.

But a subsequent tough period for junior exploration led to refreshed board and a rationalisation of what new management called these “legacy” Ghanaian gold assets.

Castle made the move into Pilbara conglomerate gold, which was great for a while. (Not so much now, of course.)

This means Castle Minerals has been ostensibly treading water for much of this year. Until now, that is, because the ~$3m market cap explorer just signed a significant, $US11.7m farmout deal with private company Iguana Resources over a couple of its unwanted Ghanian projects.

 

Metalsearch (ASX:MSE) +57%

Metalsearch (ASX:MSE) has struck a cash and scrip deal to acquire Abercorn Kaolin, which owns the Abercorn high purity alumina (HPA) project in Queensland.

This is Metalsearch’s first foray into the HPA space, which currently has a portfolio of gold and base metals projects.

HPA’s fastest growing market is in lithium-ion batteries, with it now being used as a coating on the separators in lithium-ion batteries in the electric vehicle industry.

 

Nanollose (ASX:NC6) +43%

Sneaking in was eco-clothing maker Nanollose (ASX:NC6), which announced today it is using the fibres it grows via the fermentation of waste products to make wipes, via a deal with personal care wipe maker Codi Group.

Here are the best performing ASX small cap stocks for August 12-16 (intraday):

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

Code Name Price last Friday Price this Friday [intraday] Total Return % Market Cap
AKN AUKING MINING 0.001 0.002 100 $1,865,168.88
CDT CASTLE MINERALS 0.005 0.009 100 $2,237,959.75
GPP GREENPOWER ENERGY 0.001 0.002 100 $4,004,490.50
KGD KULA GOLD 0.009 0.017 89 $999,507.81
MMR MEC RESOURCES 0.005 0.007 80 $5,753,331.00
KGM KALNORTH GOLD MINES 0.005 0.010 67 $8,942,401.00
MSE METALSEARCH 0.007 0.012 57 $5,290,011.50
HOR HORSESHOE METALS 0.010 0.015 50 $2,919,782.75
VPR VOLT POWER 0.001 0.002 50 $12,366,800.00
LKO LAKES OIL 0.001 0.002 50 $50,048,924.00
MTB MOUNT BURGESS MINING 0.002 0.003 50 $1,560,388.13
RMX RED MOUNTAIN MINING 0.004 0.006 50 $4,668,220.50
HPR HIGH PEAK ROYALTIES 0.080 0.115 44 $21,729,986.00
NC6 NANOLLOSE 0.049 0.090 43 $5,249,999.50
EMPDC EMPEROR ENERGY 0.030 0.041 37 $3,100,856.50
AQX ALICE QUEEN 0.011 0.015 36 $10,212,402.00
VBS VECTUS BIOSYSTEMS 0.405 0.540 36 $12,858,998.00
MNW MINT PAYMENTS 0.022 0.027 35 $21,203,192.00
TRL TANGA RESOURCES 0.003 0.004 33 $5,092,110.00
AHL AHALIFE HOLDINGS 0.006 0.007 33 $8,075,999.50
MHC MANHATTAN CORP 0.003 0.004 33 $2,965,114.75
ALT ANALYTICA 0.003 0.004 33 $14,078,449.00
MLS METALS AUSTRALIA 0.002 0.002 33 $5,854,395.50
PCL PANCONTINENTAL OIL & GAS 0.002 0.002 33 $10,813,431.00
DDD 3D RESOURCES 0.002 0.002 33 $2,214,442.25
DTR DATELINE RESOURCES 0.003 0.004 33 $32,541,816.00
AJL AJ LUCAS GROUP 0.090 0.110 33 $90,011,664.00
AZS AZURE MINERALS 0.094 0.115 33 $13,874,999.00

 

 

ASX SMALL CAP LOSERS:

Pharmaxis (ASX:PXS) -20%

After posting a $6.4m profit last financial year, Pharmaxis (ASX:PXS) reported a $20m loss this week for FY19.

But this was largely due to the conditions of the deal Pharmaxis signed with German pharma giant Boehringer Ingelheim (BI) In 2015.

BI bought the rights to develop Pharmaxis’ fatty liver drug and when certain trial conditions were fulfilled, Pharmaxis received $42m in milestone payments.

Without milestone payments in the current financial year, Pharmaxis’ bottom line took a big hit. It also meant revenue fell 74 per cent, down from $50.8m to $13.1m.

 

Adalta (ASX:1AD) -44%

AdAlta (ASX:A1D) founding CEO Samantha Cobb has resigned after 12 years – and the market didn’t like that one bit.

During her tenure the company has gone from a startup to an ASX-listed company about to commence clinical trial with its anti fibrosis drugs.

The company is currently searching for a new CEO.

 

Here are the worst performing ASX small cap stocks for for August 12-16 (intraday):

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

Code Name Price last Friday Price this Friday [intraday] Total Return % Market Cap
PXS PHARMAXIS 0.245 0.190 -20 $76,938,264.00
AVC AUCTUS ALTERNATIVE INVESTMENTS 0.335 0.250 -21 $8,522,848.00
PSZ PS&C 0.077 0.061 -21 $15,369,563.00
CAP CARPENTARIA RESOURCES 0.043 0.033 -21 $9,354,506.00
SVT SERVTECH GLOBAL 0.019 0.016 -21 $9,857,575.00
CSE COPPER STRIKE 0.087 0.071 -21 $7,585,981.50
IBN IBUYNEW 0.028 0.022 -21 $479,457.13
CLY CLANCY EXPLORATION 0.020 0.040 -22 $5,631,826.50
NZS NZ COASTAL SEAFOODS 0.023 0.018 -22 $9,536,292.00
IP1 INTEGRATED PAYMENT TECHNOLOGIES 0.046 0.036 -22 $11,118,251.00
GMV G MEDICAL INNOVATION 0.160 0.125 -22 $49,908,652.00
CFE CAPE LAMBERT RESOURCES 0.009 0.007 -22 $7,210,069.00
RNE RENU ENERGY 0.035 0.027 -23 $3,295,849.25
FAU FIRST AU 0.035 0.027 -23 $7,066,566.00
LI3 LITHIUM CONSOLIDATED 0.069 0.053 -23 $5,069,814.00
HWK HAWKSTONE MINING 0.017 0.014 -24 $8,974,134.00
WBT WEEBIT NANO 0.550 0.450 -24 $26,732,432.00
RAN RANGE INTERNATIONAL 0.029 0.022 -24 $4,423,209.50
AD1 APPLYDIRECT 0.020 0.015 -25 $7,037,828.00
DDT DATADOT TECHNOLOGY 0.008 0.006 -25 $4,863,638.00
NAE NEW AGE EXPLORATION 0.004 0.003 -25 $2,666,341.25
IVT INVENTIS 0.004 0.003 -25 $2,107,948.00
OEX OILEX 0.004 0.003 -25 $8,634,193.00
OLV OTHERLEVELS 0.009 0.006 -33 $1,721,048.38
UTR ULTRACHARGE 0.003 0.002 -33 $2,146,761.25
DTM DART MINING 0.006 0.004 -33 $4,069,504.50
GGX GAS2GRID 0.003 0.002 -33 $2,514,515.75
MZN MARINDI METALS 0.002 0.001 -33 $2,248,371.00
VIC VICTORY MINES 0.002 0.002 -33 $1,363,232.13
ACS ACCENT RESOURCES 0.006 0.004 -33 $724,000.94
AQC AUSTRALIAN PACIFIC COAL 0.380 0.240 -37 $12,116,354.00
CYQ CYCLIQ GROUP 0.002 0.001 -40 $1,141,968.13
1AD ADALTA 0.195 0.125 -44 $18,073,220.00
GLA GLADIATOR RESOURCES 0.002 0.002 -50 $1,469,334.13
MCX MARINER CORP 0.045 0.020 -56 $274,761.63