Daily FNArena News - Small Caps

Only a few months into its life as an ASX-listed entity, Ashley Services has significantly expanded its contract base.

Data centre provider NextDC is moving from strength to strength, bringing forward forecasts for profitability by around six months.

Fledgling data security provider Covata has achieved product commercialisation and is rapidly reaching for the clouds.

Residential developer Peet has acquired stakes of varying sizes in six projects with approval from brokers.

Moelis is unconcerned about the rally in Netcomm’s shares, believing the company’s trajectory is sound.

Poseidon Nickel has raised its profile as an emerging producer with two significant new assets to complement its Windarra project.

Brokers are keenly anticipating the results of Sirtex Medical’s study on colorectal cancer treatment which, if successful, could trigger upside for the stock.

GWA will become primarily an importer rather than local manufacturer of home renovation products and while brokers are cautious, capital management potential may excite.

Titan Energy has dealt market confidence a blow by suddenly downgrading guidance – by a large amount.

Select Harvests has put to bed a dilutive equity raising but brokers are optimistic about substantial production growth in the next few years.