Aussie small caps taking on the world
Five years ago fundies were avoiding small caps due to many Australian failures overseas. Today the market can’t get enough of them despite COVID-19 uncertainty.
Today the market can’t get enough of them despite COVID-19 uncertainty.
A new breed of Australian companies is pursuing rapid international expansion as investors re-rate small-cap stocks with global potential. Not even COVID-19 or a higher Australian dollar, which favours domestic-focused companies, is derailing their plans.
One small-cap company after another wants to resume its global growth push when pandemic restrictions ease.
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