Daily FNArena News - Small Caps

In the face of weak oil prices, Senex Energy is reviewing its capital allocation and prioritising its gas assets.

Brokers believe SpeedCast International has made a sound purchase of two teleports, allowing for traffic consolidation and service expansion.

A decision by the US National Comprehensive Cancer Network to recommend breast cancer patients be monitored for lymphoedema is considered a boost to Impedimed’s prospects.

Facilities management software provider Urbanise.com is well placed to leverage earnings growth from its cloud-based platform. Canaccord Genuity initiates coverage.

Osprey Medical is making progress with a device to minimise kidney damage when dyes are extensively used in X-ray procedures.

SG Fleet is well positioned to grow both organically and via acquisitions. Citi takes the opportunity to initiate coverage on the stock.

Aconex is on track to put its systems at the centre of the global construction industry. Morgan Stanley is the latest broker to initiate coverage.

Several brokers review some key Australian stock picks for the start of the new financial year.

G8 Education has jumped at the opportunity provided by a slump in Affinity Education’s share price and mounted a takeover bid.

GWA has sold another business that was weighing it down, Gliderol. Brokers welcome a better domestic renovation focus.