On Stockhead today, why the ASX thinks the tech IPO story has further to run, McKinsey & Co say private equity needs to get more entrepreneurial and while low interest rates might make wealth creation harder, it’s not impossible, experts say.

But first:

 

The day ahead

Just one more day until the AFL Grand Final!! It is a public holiday in Victoria today.

Speeches from the Bank of England and European Central Bank could move global markets today.

The following companies are in trading halts or suspensions and are expected to exit within the next two business days:

Today:

Calix (ASX:CXL) – capital raise

Canyon Resources (ASX:CAY) – resource update 

De.Mem (ASX:DEM) – capital raise

Corum Group (ASX:COO) – capital raise

Hot Copper (ASX:HOT) – acquisition

Monday:

Inca Minerals (ASX:IGA) – capital raising

EVE Investments (ASX:EVE) – capital raising

Lion Energy (ASX:LIO) – farm out process update

Deve Resources (ASX:DEV) – capital raising

New World Cobalt (ASX:NWC) – capital raising

Bigtincan (ASX:BTH) – capital raising

Buxton Resources (ASX:BUX) – consolidating transactions on tenements

Andromeda Metals (ASX:ADN) – scoping study results

Exore Resources (ASX:ERX) – capital raising

 

Markets

Gold: US$1,509.85 (+0.20%)

Silver: US$17.93 (+0.03%)

Oil (WTI): US$56.37 (-0.39%)

Oil (Brent): US$62.26 (-0.29%)

Coal: US$68.10 (-1.26%)

Iron ore 92pc Fe: US$92.97 (-0.26%)

AUD/USD: 67.56c (+0.07%)

Bitcoin: US$8,372.00 (+0.42%)

 

What got you talking yesterday

People were discussing hydrogen, on the back of a state government push for the gas, on our small and micro cap Facebook chat group. Click through to join for a daily recap of our best stories and plenty of small cap discussion.

These were the five most-tipped stocks (weekly) on Stocks in Play:

This was the movement among ASX sectors yesterday:

Energy -0.98%

Materials -0.70%

Industrials +0.02%

Consumer discretionary -0.18%

Consumer staples -0.07%

Healthcare -1.04%

Financial -0.31%

IT -0.37%

Communication services -1.72%

Utilities -1.48%

ASX small ords -0.12%

ASX 200 -0.49%

 

Yesterday’s winners

Code Name Price % Chg Mkt cap Vol
SVY Stavely Minerals Ltd 0.88 266.67% $161.3M 20.13M
VIC Victory Mines 0.002 50.00% $1.5M 910.00K
AKN Auking Mining 0.003 50.00% $1.9M 6.26M
ID8 Identitii 0.56 51.35% $30.0M 117.28K
BNO Bionomics 0.083 43.10% $45.8M 38.08M
NBL Navarre Minerals 0.11 34.15% $50.0M 17.88M
DTM Dart Mining NL 0.008 33.33% $6.1M 5.84M
KTA Krakatoa Resources Ltd 0.03 30.43% $4.0M 3.17M
JXT Jaxsta 0.28 27.27% $50.9M 562.24K
TYX Tyranna Resources 0.005 25.00% $3.8M 1.69M
AER Aeeris Ltd 0.13 23.81% $6.3M 327.78K
FXL Flexigroup 2.405 22.70% $773.0M 6.19M
IDA Indiana Resources 0.03 20.00% $3.7M 758.64K
CTO Citigold Corporation 0.006 20.00% $12.0M 1.15M
GLV Global Vanadium 0.003 20.00% $9.4M 60.77M
NAG Nagambie Mining Ltd 0.065 18.18% $28.0M 263.07K
LER Leaf Resources Ltd 0.039 18.18% $12.8M 25.23K
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