Silver Chef - SIV News & Expert Insights from Stockhead

On Stockhead today, we look at whether the ASX's solid gains in H1 will continue for the rest of the year, the global private equity war chest swells to a record $2.5 trillion and Emerald Resources is starting to shine -- just as columnist Tim Treadgold predicted. But first: The day ahead Today is all about the interest rate announcement from the Reserve Bank of Australia at 2:30pm AEST. The market is now expecting the central bank to cut rates for the second time in two months, bringing the official cash rate to 1 per cent, another new all-time low. Company news Get ready, because there are is an absolute tonne of companies scheduled to come out of a trading halt or voluntary suspension over the next 48 hours: Tuesday: Speciality Minerals (ASX:SEI) – acquisition Smart Marine Systems (ASX:SM8) – capital raising Collaborate Corp (ASX:CL8) – capital raising Hot Chili (ASX:HCH) – capital raising Lifespot Health (ASX:LSH) – product development & distribution heads of agreement Carnavale Resources (ASX:CAV) – clarification of announcements. Wednesday: Silver Chef (ASX: SIV) - acquisition of itself Impression Healthcare (ASX: IHL) - proposed capital raising & expansion Nova Minerals (ASX: NVA) - capital raising NeuroScientific Biopharm (ASX: NSB) - announcement on research and development program Azumah Resources (ASX: AZM) - upgrade to mineral resources Wellard (ASX: WLD) - recapitalisation Chalice Gold Mines (ASX: CHN) - sale of Quebec gold projects Pursuit Minerals (ASX: PUR) - capital raising Apollo Minerals (ASX: AON) - project announcement Oro Verde (ASX: OVL) - acquisition Capricorn Metals (ASX: CMM) - capital raising & board appointments Piedmont Lithium (ASX: PLL) - capital raising Aguia Resources (ASX: AGR) - capital raising Keybridge Capital (ASX: KBC) - company investment GBST (ASX: GBT) - response to acquisition proposal. Markets Gold: $US1,387.21 ($1,991.02) +0.27% Silver: $US15.16 +0.08% Oil (Brent): $US65.21 +0.02% Oil (WTI): US58.97 -0.34% Coal: $US69.48 Iron ore 62pc fe: $US121.20 +2.8% AUD/USD: $0.6967 What got you talking yesterday Over on Stockhead’s Facebook chat group, member Ben Murphy was talking up Fatfish Blockchain (ASX:FFG): "Watch FFG, just hit pink slip market today so should be some good volume imo and already broke 0.015 up over 20% today 🤑 and anyone who thinks this is a pump and wishes to comment pointless thoughts please DYOR lol. Sorry forget the emojis that scare people away from these shares so here they are 💰💰💰💸💶💵🚀💰🚀🚀🚀💰💶💸🤞🚀🤞🤑💸💶🚀 😉😁." DYOR stands for "do your own research". These were the five most-discussed stocks on trading gossip forum HotCopper at close on Monday, July 1: https://twitter.com/HotCopper/status/1145577281651261440 Yesterday's winners Medibio (ASX:MEB) climbed 144 per cent to 2.2c. The medtech play signed on British food service conglomerate Compass Group to the pilot program for its corporate mental health app, ilumen. The group safety and sustainability director argued the partnership, “demonstrates our commitment to supporting the mental wellbeing of our workforce and that of our customers.” Phoslock Environmental Technologies (ASX:PET) jumped after announcing it was gaining traction in China following successful trials, up 25 per cent to $1.09. And Probiotec (ASX:PBP) shares hit their highest point in nearly a decade after acquiring a fellow pharmaceutical packaging company. Yesterday's losers Among today’s losers are Adacel Technologies (ASX:ADA) and Superloop (ASX:SLC), which both announced multi-million dollar profit downgrades. Adacel was hit nearly three times as bad, falling by over a third because its multi-million profit turned into nearly a multi-million dollar loss.

Rise and Shine: What you need to know before the ASX opens

Silver Chef still in talks with ASIC, downgrades guidance

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