Index pulse
Regal bets its next index play, Artrya, has a heartbeat.
Good morning.
Regal found its next index play. It’s climbed to the top of Artrya’s register, a Perth medtech running AI over cardiac scans, on the view it’s ASX 200-bound.
Portfolio manager Jackson Aldridge got set at 66 cents (the stock closed at $5.41 yesterday), and as Capital Brief’s Hugo Mathers writes, the sell is all about Pro Medicus.
Just remember it’s the same desk that took Opthea to zero last year when the trials fell over. Great trade if and when the science holds.
| ▲ | ASX 200 | 8,823 | +0.34% |
| ▲ | ASX futures | 8,841 | +0.84% |
| ▼ | S&P 500 | 7,499 | -0.14% |
| ▼ | NASDAQ | 25,691 | -0.57% |
| ▼ | AUD/USD | 0.70 | -0.03% |
| ▼ | Bitcoin | 65,892 | -0.73% |
ASX 200 as at market close. Bitcoin in USD.
Market movers
| ▲ | ASX:BTL | $0.27 | +5.88% |
Shares in Beetaloo Energy, the Northern Territory-focused gas explorer, surged on Wednesday after it struck a deal to supply gas to a proposed power station of up to 2 gigawatts that would feed two planned hyperscale data centres south of Darwin.
