Check out these small cap shares…
The post 4 small cap ASX shares to watch appeared first on The Motley Fool Australia. –
Looking for some small cap shares to add to your watchlist? Then have a look at the ones listed below.
Here’s why they could be worth getting better acquainted with:
Bigtincan Holdings Ltd (ASX: BTH)
The first small cap to watch is Bigtincan. It is a provider of enterprise mobility software that allows sales and service organisations to improve mobile worker productivity through smart devices. It has a number of blue chip clients such as Australia and New Zealand Banking Group (ASX: ANZ) and sports giant Nike.
ELMO Software Ltd (ASX: ELO)
ELMO is a cloud-based human resources and payroll software company. It provides a unified platform to streamline processes for employee administration, recruitment, on-boarding, learning, performance, remuneration, compliance training and payroll. ELMO has been a strong performer in recent years and looks well-placed in the future. This is due to acquisitions and favourable industry tailwinds.
Another small cap to look at is Opthea. It is a developer of novel biologic therapies for the treatment of eye diseases. The key product in its portfolio is the OPT-302 combination therapy. This therapy is targeting wet age-related macular degeneration and has previously achieved very promising study results. The current standard of care treatments for wet age-related macular degeneration has annual sales of over US$3.7 billion.
Serko is an online travel booking and expense management provider. It could be a small cap share to watch due to the quality of its products and their significant market opportunities. Another positive is that it recently signed a deal with travel booking giant Booking.com. This has the potential to be a game-changer over the coming years.
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*Returns as of August 16th 2021
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BIGTINCAN FPO, Elmo Software, and Serko Ltd. The Motley Fool Australia owns shares of and has recommended BIGTINCAN FPO and Elmo Software. The Motley Fool Australia has recommended Serko Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.