On Stockhead today, new IPO Advent Health says its roll-up strategy will make a splash; Experts divided on whether to go for an ETF or just ‘pick a winner’; and Is the silver price about to repeat history and break out?

But first…

The day ahead

Local data tomorrow will be led by the Westpac consumer confidence survey, along with housing finance data for April.

Later on, all eyes will be on the US Federal Reserve when the central banks makes it policy announcement, after which Fed chair Jerome Powell will front the media for the post–meeting press conference.

The following companies are in trading halts and are expected to exit in the next couple of trading days:

Wednesday:

BMG Resources (ASX:BMG) – capital raising
Nelson Resources (ASX:NES) – capital raising
Opthea (ASX:OPT) – clinical trial results
Torian Resources (ASX:TNR) – exploration results
Global Petroleum (ASX:GBP) – ASX removal application
Thomson Resources (ASX:TMZ) – capital raising
Medibio (ASX:MEB) – capital raising

Thursday:

BetMakers Technology Group (ASX:BET) – New Jersey agreement
RareX (ASX:REE) – exploration results
Piedmont Lithium (ASX:PLL) – capital raising
Intiger Group (ASX:IAM) – capital raising
Arafura Resources (ASX:ARU) – capital raising
Infratil (ASX:IFT) – capital raising
Alligator Energy (ASX:AGE) – proposed acquisition
Vimy Resources (ASX:VMY) – capital raising
MetalsX (ASX:MLX) – update of strategic review
FirstAU (ASX:FAU) – capital raising
Meteoric Resources (ASX:MEI) – capital raising

 

Markets

Gold: $US1,714.54 ($2,419.65) (+0.94%)

Silver: $US17.51 (-1.16%)

Oil (WTI): $US38.38 (+0.50%)

Oil (Brent): $US40.64 (-0.29%)

Coal: $US54.82 (-2.19%)

Iron 62pc Fe: $US100.40 (-1.57%)

AUD/USD: $US0.6960 (-0.87%)

Bitcoin: $US9,757.74 (+0.53%)

 

What got you talking yesterday

Readers took an interest in our interview with two small cap fund managers — Ed Prendergast from Pengana Capital and Dean Fergie from Cyan Investment Management — including insights on how their portfolios are positioned for the second half of the year.

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

Also, be sure to check in at 10.20am each morning for our daily 10 at 10 column — a live summary of winners and losers at the opening bell.

Yesterday’s winners

CODE COMPANY PRICE % CHANGE VOLUME
ABT Abundant Produce 0.04 135.29% 12.4M
IKW Ikwezi Mining 0.002 100.00% 705.1k
T3D 333D 0.002 100.00% 15.2M
SUP Superior Lake Resources 0.09 78.43% 1.1M
NVX Novonix 1.21 76.64% 19.6M
NME Nex Metals Exploration 0.07 70.00% 933.0k
ICU iSentric 0.011 57.14% 2.8M
BAS Bass Oil 0.0015 50.00% 3.3M
GLA Gladiator Resources 0.0015 50.00% 42.8M
OAR Oakdale Resources 0.003 50.00% 143.0M
VIC Victory Mines 0.0015 50.00% 5.6M
CXX Cradle Resources 0.05 46.87% 2.3M
AIS Aeris Resources 0.05 45.77% 8.9M
LCK Leigh Creek Energy 0.13 36.84% 2.9M
BRN BrainChip Holdings 0.12 36.36% 69.4M
NES Nelson Resources 0.06 35.71% 898.1k
NTI Neurotech International 0.008 33.33% 6.2M
NWE Norwest Energy 0.004 33.33% 8.0M
QFY Quantify Technology 0.002 33.33% 15.9M
RNX Renegade Exploration 0.004 33.33% 3.0M
NET NetLinkz 0.08 31.67% 21.4M
MQR Marquee Resources 0.05 31.58% 162.6k
ATS Australis Oil & Gas 0.04 31.03% 30.2M

Yesterday’s losers

CODE COMPANY PRICE % CHANGE VOLUME
UUV UUV Aquabotix 0.001 -50.00% 55.3M
VMG VDM Group 0.001 -33.33% 150.0k
ROG Red Sky Energy 0.001 -33.33% 1.8M
PCL Pancontinental Oil & Gas 0.001 -33.33% 2.2M
MTB Mount Burgess Mining 0.002 -33.33% 1.7M
ICG Inca Minerals 0.001 -33.33% 5.5M
ALT Analytica 0.002 -33.33% 553.4k
OKJ Oakajee Corp 0.04 -30.00% 62.5k
GBP Global Petroleum 0.011 -26.67% 1.3M
SGO Stream Group 0.02 -25.00% 800.0k
SBR Sabre Resources 0.003 -25.00% 11.7M
PKO Peako 0.013 -23.53% 750
PPL Pureprofile 0.01 -23.08% 1.3M
CML Chase Mining 0.015 -21.05% 7.7M
ECG eCargo Holdings 0.02 -20.00% 51.3k
VAL Valor Resources 0.002 -20.00% 7.3M
LRS Latin Resources 0.004 -20.00% 7.7M
ADV Ardiden 0.004 -20.00% 78.6M
RAN Range International 0.009 -18.18% 584.5k
AL8 Alderan Resources 0.14 -18.18% 1.7M
JAY Jayride Group 0.17 -17.50% 138.5k