Closing Bell: Today’s biggest small cap movers on the ASX
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Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike.
Data is taken at the market close – at 4.10pm AEDT.
Stocks highlighted in yellow made market-moving announcements.
Another hot IPO led the market, as health products company EZZ Life Science Holdings (ASX:EZZ) closed its first day of trade at $1.16.
That marked a gain of well over 100 percent from its 50c listing price at which the company raised $6m from investors.
Among EZZ’s selling points were the fact that it makes money and is planning to pay out a dividend in its first year, chair Phillipa Lewis told Stockhead’s Nick Sundich earlier today.
Digital wealth advisory platform InvestSMART Group (ASX:INV) also rose strongly after announcing it had raised $17.68m for its Ethical Share Fund, which will operate as an ASX-listed exchange traded managed fund (ETF) (ASX: INES).