Daily FNArena News - Small Caps

Brokers are concerned about what it will take for Beadell Resources to reach its gold production target in 2017.

After a weak September quarter, lithium producer Orocobre is surmounting some of the problems which occurred and brokers are becoming more comfortable with the outlook.

Intellectual property firm Xenith IP provided weak FY18 guidance, flagging an underperforming transaction, and brokers sharply mark down expectations.

IPH Ltd has acquired New Zealand’s AJ Park and brokers expect this can deliver revenue synergies as AJ Park patent cases are referred to its Asian network.

Moelis initiates coverage on Big Un, which provides digital video production and related online digital search services to business customers.

Macquarie Telecom is growing its hosting service at a fast rate, with a focus on hybrid IT that includes dedicated servers and data centre co-location. Canaccord Genuity initiates coverage.

New horizons beckon Senex Energy, which has won a prospective CSG acreage in Queensland’s Surat Basin, and re-awaken broker enthusiasm for the stock.

Orocobre has delivered an upgrade to inventory at its Olaroz lithium brine project in Argentina amidst favourable product pricing and improved production potential.

Brokers welcome the value accretion that lies in the businesses recently acquired by National Vet Care.

Autosports delivered a strong FY17 maiden result, signalling scope for further acquisitions in FY18.