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The Australian stock market seems ready for a day in the red as investors nervously await the results of mid-term elections in the United States.
The list below lists three small cap stocks that do not stop him from holding them back. Here's why they ran higher:
the Australian Mines Limited The share price (ASX: AUZ) rebounded after the sharp drop yesterday with a gain of 12% to 5.5 cents. This morning, the mining exploration company provided an update on the progress of its research and development project with Metalysis. According to this release, Metalysis has described the Australian Purity's high-purity scandium oxide as a raw material for the new-generation scandium alloy. Management believes that this high-value aluminum-scandium alloy continues to have excellent launch potential for the Generation 4 industrial Metalysis plant.
the Nuheara Ltd The stock price (ASX: NUH) rose 3.5% to 6.4 cents after the personal hearing aid company announced that its IQbuds and IQbuds BOOST products had obtained the necessary certifications to be sold in Korea. These certifications include KC certification for battery compliance and certificate of broadcast and communication equipment. As a result, Nuheara has appointed Sam Audio as the first non-exclusive distributor in the territory.
the Retail Limited food group The share price (ASX: RFG) climbed 15% to 42 cents. This morning, the food and beverage restaurant company announced that Peter George was immediately baduming the role of Executive Chair. Mr. George was previously a non-executive director of the Company and was hired as a Turnaround Specialist. He has had a successful 30-year career as a senior executive and non-executive director, including extensive professional experience in business turnarounds and financial markets. Time will tell if Retail Food Group can succeed in reversing the situation, but I am reasonably doubtful.
Did you miss those winnings? So do not miss those actions that were considered likely to beat the market.
The Disruptors: 3 Revolutionary Australian Companies to Support for 2018
We live in one of the most exciting periods of investment. Innovation and a thriving entrepreneurial culture are constantly creating new businesses that can make very wealthy investors looking to the future. More than ever, just one small, smart investment can make a huge difference to your wealth.
That's why, at The Motley Fool, we're looking at ASX to find out what kind of companies we think could become the next Atlbadian.
We found three exciting companies that we expect to perform well in the new year. Click here to discover these ideas!
James Mickleboro, a contributor to Motley Fool, holds no position in any of the actions mentioned. Motley Fool Australia does not own any of the shares mentioned. We fools may not all have the same opinion, but we all agree that taking into account a wide range of ideas makes us better investors. Motley Fool has a disclosure policy. This article contains only general investment tips (under AFSL 400691). Authorized by Scott Phillips.
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