Daily FNArena News - Small Caps

The Mt Cattlin lithium JV between Galaxy Resources and General Mining Corp has received a boost from an offtake agreement for 2016 and 2017 production.

Livestock exporter Wellard may take time to re-rate following a disappointing first half but brokers are confident the means are in place to justify a buoyant outlook.

Sandalwood grower TFS Corp has contracted new supply to Asian buyers with potential to absorb the next five years’ supply of its highly sought after oil.

Cloud-based software distributor Rhipe is gaining traction, enjoying substantial licensing revenue growth in the first half.

1-Page has made a promising start in a strong growth industry and Canaccord Genuity is increasingly confident in the company’s potential.

Blackham Resources is shaping up as a gold producer in 2016 as its Matilda project is expected to come on line this year.

Netcomm Wireless is being supported by a strong contract profile and two brokers underscore Buy ratings on the stock.

Vet clinic and pet product retailer Greencross is well positioned in an attractive market, brokers maintain.

SG Fleet pleased brokers, delivering strong first half growth despite a competitive and subdued environment.

Salmon producer Tassal sustained a flat first half but has broadened its seafood range with the acquisition of De Costi. Moelis initiates coverage of the stock.