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ResApp, Atlas Iron and ZipTel top ASX Volume Leaders, but head in different directions

ResApp has fallen, Atlas unchanged while ZipTel jumped in value
ResApp, Atlas Iron and ZipTel top ASX Volume Leaders, but head in different directions
The ASX Volume Leaders in afternoon trade

There has been some frantic trading in the small caps by mid-session, with high volume not indicating a valuation direction.

ResApp Health Ltd (ASX:RAP) is the most traded by far with 126 mln changing hands, with shares crashing 77% following preliminary top-line results from the SMARTCOUGH-C Study, where data revealed many issues in the quality of cough recordings.

Perennial volume leader Atlas Iron Ltd (ASX:AGO) has traded 89 mln shares yet remains at the same valuation as the beginning of the day, as many investors trade the big / offer spread.

ZipTel Ltd's (ASX:ZIP) comes in third with 56 mln traded while jumping over 100% in value following the signing of a landmark revenue share agreement.

Company Code Last Change Trades Volume
ResApp Health RAP $0.071 -77.10% 2043 126,282,637
Atlas Iron AGO $0.021 0% 155 88,897,784
ZipTel ZIP $0.038 111.11% 776 55,835,106
Lynas Corporation LYC $0.162 4.52% 582 33,016,052
Queensland Bauxite QBL $0.013 18.18% 157 32,008,132
Mayne Pharma MYX $0.757 -5.96% 4012 26,386,480
Magnum Gas & Power MPE $0.001 0% 9 24,459,000
Force Commodities 4CE $0.038 -11.63% 223 19,043,301
Primary Opinion POP $0.024 -11.11% 160 17,229,989
Caeneus Minerals CAD $0.003 0% 48 15,693,614


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