Although COVID-19 led to shutdown of their leisure venues, ISA Group (ASX: IDZ) has capitalised on new interest in home entertainment options where their home delivered virtual reality (VR) games were so popular that they will extend the business beyond the pandemic. Whilst their VR business Freak Entertainment was forced to shut its Penrith, NSW
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Digital payments and fintech company Novatti Group (ASX: NOV) is poised to make splashes globally having secured $10.2 million from institutional investors to accelerate their growth strategy as the world shifts towards a cashless economy, expedited by COVID-19. The funds come after a very strong few months of corporate activity at Novatti which include integrating
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When Harris Technology (ASX: HT8) started selling sanitary products amidst the global demand surge brought upon by the coronavirus pandemic, they estimated Q4 sales of around $400,000. Today they reported they have sold more than $1 million worth of their Pro-Hygiene products in April alone. Whilst IT and electronics are Harris Technology’s flagship products, they
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Microcap AI and prescriptive analytics company Houston we Have (ASX: HWH) has hit the ground running since rebranding and expediting an entry into the healthcare AI sector. Although the contracts are collectively only expected to add $130k of revenue to Houston, it opens up significant market opportunities which have been brought upon by their acquisition
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“Don’t fight the Fed” as you are being paid to take risks. Your investment thesis on asset classes at this present moment will be to follow the Fed (or central bank) dollar. Moral hazard is too costly it seems, and the latest unprecedented stimulus measures announced by the U.S. Fed in corporate credit markets highlights that the “whatever
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Shares in the lightly traded gloves manufacturer VIP Gloves (ASX: VIP) have skyrocketed this morning on news that the Company has such a large backlog of orders that their 24/7 production capacity is fully committed until December 2020. With their production facilities based in Malaysia and not impacted by the Malaysian Government’s COVID-19 biosecurity measures,
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