Daily Financial News - Small Caps

Tyro Payments has brokered an alliance with Bendigo and Adelaide Bank to provide merchant acquiring services thereby lifting its profile, particularly in Victoria.

Generation Development is branching out with a new investment annuity product while taking a stake in Lonsec.

A new global customer should help Synlait Milk counter the potential entry into manufacturing by chief customer a2 Milk but risks remain.

Damstra is ideally placed in a post-pandemic world, given its suite of products for site management, health and safety.

With biotechnology in focus in 2020, Race Oncology is attracting investor interest

Demand for metal detection products continues unabated, given surging gold prices, but Codan is also benefitting from recreational metal detection as a pandemic-safe outdoor activity.

The Sukin brand sustained robust domestic earnings in FY20 although, in order to generate sustained growth, BWX is targeting a greater international profile.

Karoon Energy has struck a revised deal with Petrobras for the Bauna oilfield, ushering in a new era as an ASX listed oil producer.

Recent weakness in Emeco Holdings is detached from the long-term outlook for mining equipment rentals, although coal markets remain the key swing factor in FY21.

Nick Scali expects net profit to improve substantially in the first half of FY21, having procured a robust order book that is supported by growth in the online business.