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Norwest Energy and Anson Resources top ASX Most Active, but shares head in different directions

There is a lot of market action in the small caps this morning.

The most active stocks at 11:30am

Norwest Energy NL (ASX:NWE) is the most active stock on the ASX by 11:30am, trading 116 million shares.

The value of Norwest though has fallen 22.2% to $0.007.

Cushioning the fall is the fact the shares were trading at just $0.004 a week ago, before the market sparked into activity.

At the start of the week Norwest confirmed hydrocarbons at the Xanadu-1 well.

Xanadu-1 is a conventional oil exploration well, located offshore in shallow waters, 40 kilometres south of Dongara in Western Australia.

Anson Resources Ltd (ASX:ASN) has traded 93 million shares, with its valuation spiking 50% to $0.021.

READ NOW: Anson's shares rocket higher on lithium off-take agreements

Company Name Code Last Change Volume
Norwest Energy NL NWE $0.007 -22.22% 115,806,953
Anson Resources Ltd ASN $0.021 50% 92,775,065
Atlas Iron Ltd AGO $0.017 -5.56% 54,782,097
Lynas Corporation Ltd LYC $0.185 -2.63% 35,624,561
Caeneus Minerals Ltd CAD $0.003 0% 25,054,110
Patrys Ltd PAB $0.023 -8% 22,833,226
Sundance Resources SDL $0.004 -20% 22,520,486
Digitalx Ltd DCC $0.071 2.90% 14,958,228
Magnum Gas & Power Ltd MPE $0.002 0% 10,950,000
Blina Minerals NL BDI $0.001 0% 10,270,714


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