WAM Microcap Ltd. ( (AU:WMI) ) has provided an update.
WAM Microcap Ltd. has reported a strong performance in its investment portfolio, outperforming the S&P/ASX Small Ordinaries Accumulation Index. The company’s portfolio benefited from the contributions of Smartpay Holdings and Energy One, both of which are demonstrating significant growth potential. Smartpay Holdings has received acquisition proposals, highlighting its embedded value, while Energy One is projecting substantial revenue and earnings growth, reinforcing its market position.
More about WAM Microcap Ltd.
WAM Microcap Ltd. operates in the Australian micro-cap market, focusing on identifying undervalued growth opportunities. The company manages an investment portfolio that includes diverse assets, with a notable emphasis on sectors such as payments and software services.
YTD Price Performance: 1.37%
Average Trading Volume: 183,526
Technical Sentiment Signal: Strong Sell
Learn more about WMI stock on TipRanks’ Stock Analysis page.