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D3E, SRN Launch Programs as ASX Small Ordinaries Drop 0.69%
MarketsNeutral8/16/2026

D3E, SRN Launch Programs as ASX Small Ordinaries Drop 0.69%

The S&P/ASX Small Ordinaries (ASX: XSO) closed at 3,517.10 points, down 0.69% or 24.30 points on the day, with a cumulative loss of 0.76% over the past five trading days. D3 Energy Ltd (ASX:D3E) plans to resume drilling operations at its Nooitgedacht site in South Africa, anticipating production testing to begin in the coming weeks. Astral Resources NL (ASX:AAR) is expanding drilling at its Theia Deeps project, with 21 holes drilled so far and more planned. Surefire Resources NL (ASX:SRN) announced a share buy-back of up to 15 million shares, indicating that its current share price does not reflect its asset value. This movement in small-cap stocks could provide opportunities for investors amidst market fluctuations.

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