In February, ASX fintech stocks were winners, losers and winners again.<\/p>\n
The benchmark ASX 200 index made a 1 per cent gain for month \u2013 despite a late month drop \u2014 driven largely by favourite fintech Zip (ASX:Z1P) +43%, as well as Virgin Money (ASX:VUK) +39.5%, and EML Payments (ASX:EML) +29%.<\/p>\n
Pic: https:\/\/www.reddit.com\/r\/ASX_Bets\/comments\/lk37ja\/z1p\/<\/p>\n
Meanwhile, the broad based commodities boom \u2013 sans gold and silver \u2014 continued to gather steam.<\/p>\n
The copper price hit nine-and-a-half year highs<\/a>.\u00a0Nickel punched through six-and-a-half year highs.<\/p>\n Long-suffering battery metals lithium, cobalt, graphite and rare earths all moved higher on increased demand.<\/p>\n Iron ore defied the naysayers, again, gaining 10 per cent to ~$US172\/t.<\/p>\n Hydrogen jumped into mainstream consciousness and uranium remained poised, perpetually, for a breakout.<\/p>\n BNPL dominated the news cycle, but there was no overriding sector or theme in February\u2019s top stocks, unlike previous months.<\/p>\n This is a \u2018grab bag\u2019 of winners in the purest sense.<\/p>\n Here\u2019s the top 50 small caps for the month of February>>><\/strong><\/p>\n Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop<\/em><\/p>\n CODE COMPANY PRICE MONTHLY RETURN % GICSCode MARKET CAP AQS Aquis Enertainment 0.38 986 Consumer $ 16,073,629.20 BD1 Bard1 Life Sciences 3.02 421 Health $ 230,066,547.84 ACS Accent Resources 0.095 375 Resources $ 44,272,591.89 RNT Rent.Com.Au 0.225 369 Tech $ 87,483,929.94 PRL Province Resources 0.085 305 Resources $ 66,369,665.31 NCL Netccentric 0.245 295 Tech $ 44,625,000.00 IOU Ioupay 0.635 285 Tech $ 314,262,127.05 FFG Fatfish Group 0.14 278 Tech $ 140,777,533.05 LEX Lefroy Exploration 0.79 276 Resources $ 74,405,993.54 GLE GLG Corp 0.45 275 Consumer $ 16,672,500.00 PIL Peppermint Innovation 0.038 245 Tech $ 44,272,142.82 CCE Carnegie Cln Energy 0.0065 225 Energy $ 89,236,605.72 MXC Mgc Pharmaceuticals 0.081 212 Health $ 196,135,130.93 VXR Venturex Resources 0.34 196 Resources $ 129,783,616.30 NGY Nuenergy Gas 0.053 179 Energy $ 81,452,552.34 ORM Orion Metals 0.05 150 Resources $ 27,254,872.15 WOO Wooboard Tech 0.005 150 Tech $ 18,166,220.45 BNO Bionomics 0.37 147 Health $ 286,746,544.50 AJL AJ Lucas Group 0.064 146 Industrial $ 29,907,165.88 RNU Renascor Resources 0.066 136 Energy $ 101,608,299.87 ASP Aspermont Limited 0.034 127 Tech $ 78,502,261.16 FGO Fargo Enterprises 0.009 125 Tech $ 10,671,810.33 FRX Flexiroam 0.055 120 Tech $ 29,037,527.74 OIL Optiscan Imaging 0.235 114 Health $ 152,176,426.50 RCP Redbank Copper 0.14 109 Resources $ 57,416,882.88 ADO Anteotech 0.24 109 Health $ 439,484,474.74 N1H N1 Holdings 0.135 108 Financial $ 10,602,224.49 TPC TPC Consolidated 2.6 102 Tech $ 23,888,787.30 RAC Race Oncology 3.88 101 Health $ 462,185,760.50 AUH Austchina Holdings 0.016 100 Energy $ 26,145,989.78 BAS Bass Oil 0.002 100 Energy $ 5,013,210.14 T3D 333D Limited 0.004 100 Industrial $ 5,508,621.10 TNR Torian Resources 0.058 100 Resources $ 45,223,936.32 UUV UUV Aquabotix 0.003 100 Industrial $ 7,165,124.43 BDM Burgundy D Mines 0.38 95 Resources $ 87,239,106.15 MPR Mpower Group Limited 0.11 93 Financial $ 19,061,569.92 BEM Blackearth Minerals 0.135 93 Resources $ 21,192,634.19 ONE Oneview Healthcare 0.086 91 Health $ 34,541,134.85 BPH BPH Energy 0.175 84 Health $ 129,591,078.24 TTA TTA Holdings 0.027 80 Consumer $ 3,710,432.07 3DP Pointerra Limited 0.845 80 Tech $ 543,334,320.72 MNS Magnis Energy Tech 0.33 78 Resources $ 243,111,550.97 CXL Calix Limited 2.26 77 Energy $ 305,140,091.25 EGL Environmental Group 0.06 76 Consumer $ 17,172,458.00 OEX Oilex 0.0035 75 Energy $ 12,500,328.07 LRS Latin Resources 0.079 72 Resources $ 92,605,609.58 PIQ Proteomics Int Lab 1.31 72 Health $ 140,049,343.13 MGU Magnum Mining & Exp 0.12 71 Resources $ 39,350,375.61 SCU Stemcell United 0.029 71 Health $ 26,049,940.40 EGR Ecograf Limited 0.705 70 Resources $ 332,137,925.07 <\/p>\n WordPress Table Plugin<\/a><\/p>\n \u00a0<\/p>\n AQUIS ENTERTAINMENT (ASX:AQS)<\/a> +986%<\/strong><\/p>\n Aquis, which acquired the Canberra Casino in 2014, is a $56 million market cap gambling stock that has traded in a narrow range beneath 10c since 2015.<\/p>\n Out of nowhere the perpetually loss-making company exploded in a monumental rally<\/a> from less than 4c to briefly more than 50c.<\/p>\n Why? Dunno, but big fish Crown Resorts (ASX:CWN)<\/a>\u00a0is in all sorts of trouble at the moment \u2013 not that you could call the $6.72 billion casino giant a competitor.<\/p>\n AQS has also been undertaking a multi-year application process with the ACT government for a $300m project development that would expand the casino into a broader entertainment precinct.<\/p>\n \u00a0<\/p>\n BARD1 LIFESCIENCES (ASX:BD1)<\/a> +421%<\/strong><\/p>\n This cancer diagnostic stock had been in slow decline for over a year\u00a0\u2013 then it released data showing its detection tech\u00a0works against breast cancer<\/a>\u00a0and ovarian cancer<\/a>.<\/p>\n \u201cObviously we\u2019ve accomplished a lot in a week,\u201d Bard1 chief executive Dr Learnne Hinch joked to\u00a0Stockhead<\/em>.<\/p>\n In late February two company founders sued Bard1 over their performance rights<\/a> which dulled the shine, ever so slightly.<\/p>\n \u00a0<\/p>\n ACCENT RESOURCES (ASX:ACS)<\/a> +375%<\/strong><\/p>\n Sleepy, tightly held gold-iron ore explorer Accent has done sweet FA for quite some time.<\/p>\n Accent is essentially a shell which \u201ccontinues to assess investment opportunities and projects for acquisition or development\u201d in conjunction with majority Chinese shareholders Rich Mark Development Group (+67 per cent) and Xingang Resources (21 per cent).<\/p>\n Important addendum: some legend called\u00a0\u2018Grandmaster Fortune\u2019 also holds a +4 per cent stake in the company.<\/p>\n \u00a0<\/p>\n RENT.COM.AU (ASX:RNT)<\/a> +369%<\/strong><\/p>\n RNT, which operates real estate websites focussing on the rental market, soared after tech entrepreneur Bevan Slattery invested $2m.<\/a><\/p>\n Slattery, who has a history of sending stocks into the stratosphere, bought his shares a 5c each, which means he had made about $5 million clear profit by the end of the month.<\/p>\n \u00a0<\/p>\n PROVINCE RESOURCES (ASX:PRL)<\/a> +305%<\/strong><\/p>\n Investors love hydrogen right now.<\/p>\n Green hydrogen \u2013 which burns cleanly and emits water \u2014 is\u00a0the \u2018holy grail\u2019 of a net zero emissions future<\/a>.<\/p>\n Which is why struggling exploration stock Province was able to reverse its fortunes by acquiring an industrial minerals and green hydrogen project in WA\u2019s northwest.<\/p>\n \u201cGreen hydrogen will be an increasingly important future energy source, developing alongside the lithium industry,\u201d says project advisor Gavin Rezos.<\/p>\n \u201cRapid advances in hydrogen fuel cells are now demonstrating that green hydrogen will have a major role to play in the areas of mass transport, shipping, trucking, and eventually in homes, helping the world reach targets of being net zero carbon by 2050.\u201d<\/p>\n \u00a0<\/p>\n NETCCENTRIC (ASX:NCL)<\/a> +295%<\/strong><\/p>\n Malaysia-based, former \u2018bottom of the sock drawer\u2019 minnow\u00a0Netccentric \u201cturns the engagement between social media influencers and followers into revenue and sales\u201d.<\/p>\n In 2020, the company influenced enough punters to make a small profit for the first time since listing in 2015.<\/p>\n \u00a0<\/strong><\/p>\n IOUPAY (ASX:IOU)<\/a> +285%<\/strong><\/p>\n High-flying fintech play IOUPay\u00a0took advantage of the BNPL mania by completing a $50 million placement<\/a> \u2014 the largest single raising in the company\u2019s history.<\/p>\n A total of 100 million shares were placed at 50c a share, with both new and existing institutional investors quickly snapping up the offer within 48 hours.<\/p>\n The $50m will fund growth initiatives including digital payments, and support an expansion into Southeast Asian markets<\/a>.<\/p>\n \u00a0<\/p>\n FATFISH GROUP (ASX:FFG)<\/a> +278%<\/strong><\/p>\n Another junior riding the BNPL wave last month<\/a>.<\/p>\n The \u201cinternational venture and development firm\u201d eked out a net profit of $190,852 in 2020 \u2013 its first since 2017.<\/p>\n Small wins, but a damn sight better than the $14.1 million loss suffered in 2019.<\/p>\n The outlook is promising, it says. While\u00a0a move into the BNPL space attracted attention, Abelco Investment Group \u2014 a Swedish company that Fatfish holds a 50.1 per cent stake in \u2013 also swung to a record full-year profit following a loss in 2019.<\/p>\n \u00a0<\/p>\n LEFROY EXPLORATION (ASX:LEX)<\/a> +276%<\/strong><\/p>\n This industrious gold explorer has been working its collection of Kalgoorlie projects for a few years now.<\/p>\n Last month the payoff arrived.<\/strong><\/a><\/p>\n Lefroy\u2019s 22-hole drilling program, designed to test both strike and depth extensions to the \u2018Burns\u2019 system, now appears to have hit the motherlode.<\/p>\n The highlight intercept was:<\/p>\n 60m at 5.22g\/t gold\u00a0and 0.38 per cent copper from 112m down-hole, including Huge. The hole also ended in mineralisation, which remains \u2018open\u2019 on all sides.<\/p>\n \u00a0<\/p>\n GLG CORP (ASX:GLE)<\/a> +275%<\/strong><\/p>\n Clothing maker GLG diversified into masks during the pandemic, which turned out to be a decent money maker.<\/p>\n The stock announced a 32.3 per cent revenue increase, from $US75 to $US100m, in 2020.<\/p>\n Net profit was $US1.3m, up from $400,000 in 2019.<\/p>\n The margins may be slim, but the company still declared a dividend for the year ending 31 December 2020 of US1c per share.<\/p>\n At Stockhead, we tell it like it is. While Fatfish Group is a Stockhead advertiser, it did not sponsor this article.<\/p>\n The post February ASX Winners: A commodities boom, BNPL mania, and one tiny 10-bagger casino<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"FEBRUARY ASX TOP 10 WINNERS<\/h2>\n
\n20m at 12.2g\/t gold, 0.87 per cent copper and 1.7g\/t silver from 144m.<\/p>\n