CBD Energy is set to shine
As we move into the new financial year, small cap experts nominate their favourites to post surprisingly strong full-year results in August: CBD Energy, Industrea, Oakton and Clover Corp.
The last financial year has been a tale of two halves punctuated by wild swings in the market – small-cap investors would be more than happy to see the back of the year.
The S&P/ASX Small Ordinaries Index recorded its second best half-year gain of 26 per cent in the six months ended December 31, but then changed tack retreating by about 14 per cent since January 1.
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