Weekly ASX Small Cap Wrap: Global stocks near $110 trillion in value

Estimated read time 4 min read

Just over 2 months after surpassing US$100 trillion in total worth, global stocks have almost notched up another US$10 trillion in added value.

Despite losing nearly a third of its value during the March quarter crash, global equities have soared back to pre-COVID highs and kept going.

Value of global stocks nears $110 trillion. Cheers pic.twitter.com/I7PIWj561u

— David Ingles (@DavidInglesTV) February 10, 2021

Analysts have warned that unprecedented stimulus has been the catalysts the current rally and it remains to be seen if markets will keep dancing when the music stops.

 

ASX SMALL CAP WINNERS

NuEnergy Gas (ASX:NGY)  +165%

Many oil and gas stocks gained this week as oil prices surpassed US$60 per barrel. NuEnergy gained the most  despite having no news.

The company said in a price query to the ASX, it had nothing to report and the approval of its Tanjung Enim gas project in Indonesia was still in progress.

 

IOUpay (ASX:IOU) +142% 

There’s no shortage of buy now pay later stocks but not many have operations in the growing South East Asian region.

A month after winning a Malaysian money license, the company signed a deal with EasyStore to offer its BNPL services to EasyStore’s merchants – which total over 7,000 across the region.

 

Rent.com.au (ASX:RNT) +78%

It was another week of gains for this stock after Bevan Slattery’s $2 million investment nearly a fortnight ago.

 

Here are the best performing ASX small cap stocks for February 8-12 [intraday]:

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

Code Company Price ReturnWRoll% MktCap$ BD1 Bard1 Life Sciences 1.81 202 $ 127,309,346.34 ACS Accent Resources NL 0.06 173 $ 20,505,200.45 NGY Nuenergy Gas Ltd 0.053 165 $ 74,047,774.85 ORM Orion Metals Ltd 0.05 150 $ 27,254,872.15 IOU Ioupay Limited 0.375 142 $ 128,387,388.53 RLC Reedy Lagoon Corp. 0.041 128 $ 13,622,279.74 A3D Aurora Labs Limited 0.175 119 $ 32,108,258.70 MXC Mgc Pharmaceuticals 0.061 118 $ 104,753,990.38 BEM Blackearth Minerals 0.195 112 $ 27,826,679.36 GGX Gas2Grid Limited 0.01 100 $ 17,367,960.81 APG Austpac Resources NL 0.002 100 $ 6,331,325.91 EGR Ecograf Limited 0.965 97 $ 363,986,768.00 TMH The Market Herald 0.785 89 $ 148,019,304.42 RNT Rent.Com.Au Limited 0.285 78 $ 107,366,641.29 FRX Flexiroam Limited 0.063 70 $ 32,542,056.95 LCT Living Cell Tech. 0.023 64 $ 13,714,583.54 PKD Parkd Ltd 0.055 62 $ 4,358,700.00 MYQ Myfiziq Limited 1.77 61 $ 225,313,851.56 FFG Fatfish Group 0.051 59 $ 39,931,672.82 XST Xstate Resources 0.0175 59 $ 34,793,398.26 PGY Pilot Energy Ltd 0.082 58 $ 17,905,770.76 RMI Resource Mining Corp 0.022 57 $ 6,517,881.63 JXT Jaxstaltd 0.105 52 $ 25,954,984.65 MPR Mpower Group Limited 0.105 50 $ 18,267,337.84 WOO Wooboard Tech Ltd 0.0045 50 $ 12,110,813.65 ANL Amani Gold Ltd 0.0015 50 $ 9,386,996.75 PBX Pacific Bauxite Ltd 0.003 50 $ 1,189,842.10 CLZ Classic Min Ltd 0.0015 50 $ 17,034,968.31 T3D 333D Limited 0.003 50 $ 4,131,465.82 ECT Env Clean Tech Ltd. 0.0015 50 $ 14,401,549.18 3DP Pointerra Limited 0.8 48 $ 503,049,834.00 FYI FYI Resources Ltd 0.465 45 $ 144,742,074.72 ORN Orion Minerals Ltd 0.042 45 $ 143,376,186.03 BTR Brightstar Resources 0.056 44 $ 24,837,793.55 TRM Truscott Mining Corp 0.027 42 $ 3,454,421.69 NCL Netccentric Ltd 0.099 41 $ 24,937,500.00 SCU Stemcell United Ltd 0.024 41 $ 21,848,337.11 BNO Bionomics Limited 0.24 41 $ 183,811,887.50 ANX Anax Metals Ltd 0.066 40 $ 19,334,243.39

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ASX SMALL CAP LOSERS

BPH Energy (ASX:BPH) -37% and Bounty Oil & Gas (ASX:BUY) -31%

Both stocks, which are joint venture partners in an offshore oil and gas venture in NSW, were rocked by comments made by NSW Deputy Premier John Barilaro suggesting offshore drilling wouldn’t be allowed.

The company said it had received no notification beyond those comments but that even if this was to happen, the Federal government had the power to over-ride them.

Here are the worst performing ASX small cap stocks for February 8 – February 12 [intraday]:

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

Code Company Price ReturnWRoll% MktCap$ GLV Global Oil & Gas 0.019 -46 $ 15,072,496.12 BPH BPH Energy Ltd 0.12 -37 $ 79,681,809.36 TOM Tomizone Limited 0.002 -33 $ 850,401.35 BUY Bounty Oil & Gas NL 0.027 -31 $ 30,699,227.50 ZGL Zicom Group Limited 0.091 -30 $ 19,759,810.98 DOR Doriemus PLC 0.039 -29 $ 2,667,223.75 JRL Jindalee Resources 1.5 -28 $ 75,046,643.05 HXG Hexagon Energy 0.083 -28 $ 26,506,068.78 DRE Drednought Resources 0.016 -27 $ 36,189,559.06 E2M E2 Metals 0.415 -27 $ 65,849,698.64 RLT Renergen Limited 1.37 -25 $ 25,505,208.83 ALT Analytica Limited 0.003 -25 $ 10,558,837.00 ANW Aus Tin Mining 0.0015 -25 $ 7,002,913.98 ELT Elementos Limited 0.012 -25 $ 42,321,553.89 OEX Oilex Ltd 0.0015 -25 $ 6,243,195.00 PCH Property Connect 0.0015 -25 $ 1,028,795.21 CD3 Cd Private Equityiii 0.955 -25 $ 68,787,141.10 CTE Cryosite Limited 0.305 -24 $ 14,760,762.35 PIN Pinchme.Com 0.033 -23 $ 4,666,424.24 AUH Austchina Holdings 0.007 -22 $ 11,438,870.53 GGG Greenland Minerals 0.21 -22 $ 268,199,669.20 CCZ Castillo Copper Ltd 0.051 -22 $ 53,950,089.77 EQR Eq Resources Limited 0.038 -21 $ 42,188,725.98 TPP Tempo Australia 0.06 -20 $ 21,758,130.24 CMD Cassius Mining Ltd 0.016 -20 $ 4,595,942.24 TIG Tigers Realm Coal 0.008 -20 $ 104,428,758.14 VMG VDM Group Limited 0.002 -20 $ 13,855,321.90 CXO Core Lithium 0.25 -19 $ 265,644,035.07 VTG Vita Group Ltd 0.86 -19 $ 134,195,295.26 OVT Ovato Limited 0.0065 -19 $ 52,396,873.51 CAF Centrepoint Alliance 0.26 -19 $ 37,513,571.94 ESS Essential Metals Ltd 0.12 -18 $ 24,098,076.00 CIM Cimic Group Ltd 20.86 -18 $ 6,490,527,563.10 VUL Vulcan Energy 7.38 -18 $ 775,891,928.32

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