Nasty day for Aspermont with double-digit drop on the ASX
One of the smallest companies on the Unmade Index had an unpleasant time of it today: Aspermont lost a full 12.5%.
The Perth-headquartered mining journal and analytics company finished the day with a market cap $2.3m less than yesterday, which placed it below Motio on the Unmade Index.
Most of the Index joined it in moving backwards, with several meaningful slides across radio, publishing, and other small-caps. Seven West Media took the heaviest hit among the bigger players, falling 3.57%, while ARN lost 3.23% and Southern Cross lost 1.20%.
Gumtree was down 3.70%, Pureprofile slipped 5.45%, and Motio lost 2.78%.