The below mentioned small-cap companies have published their major updates in the recent past. Letâs take a closer look at these updates-
Smiles Inclusive Limited (ASX:SIL)
Dental services provider, Smiles Inclusive Limited (ASX:SIL) has recently announced that one of its Director MR. Peter David Evans who had an Indirect interest in the company, had acquired 50,000 fully paid ordinary shares via on-market trade. On another release on ASX, Mr. David Edward Usasz who had an Indirect interest in the company, had also acquired 50,000 fully paid ordinary shares for the total consideration of $9,500 on-market trade.Â
The company recently released its half-year results for FY 2019 in which it reported a statutory loss after tax of $1.59 million for 1H FY19. Further, the company reported practice revenue (net of direct costs) of $16.1 million and underlying profit after tax of $0.6 million for the half year period.
Meanwhile, in the last six months, the share price of the company decreased by 83.33% as on 5 March 2019. SILâs shares traded at $0.140 with a market capitalization of circa $9.85 million as on 6 March 2019.
Freehill Mining Limited (ASX:FHS)
Iron ore, gold and copper explorer, Freehill Mining Limited (ASX:FHS) has reported outstanding assay results from the maiden drill program at the flagship Yerbas Buenas magnetite project in Chile. Assay results were received for the six holes that have been drilled at the YB6 structure. The highlight of the results is the intersection of 18m of near pure magnetite which was intersected less than 50 metres from surface. While commenting on the Assay results, the companyâs Chief Executive Officer, Peter Hinner told that these results are a major milestone and value catalyst for Freehill as they unlock a great deal of Yerbas Buenasâ value. Following the release of this news, the share price of the company increased by 10.526% on 6 March 2019.
Meanwhile, in the last six months, the share price of the company increased by 0.59% as on 5 March 2019. FHSâs shares traded at $0.021 with a market capitalization of circa $12.52 million as on 6 March 2019.
Security Matters Limited (ASX:SMX)
Security Matters Limited (ASX:SMX) has recently commenced feasibility studies with a world-leading German chemical producer, BASF SE, via its Performance Chemical Division. Security Matters and BASF will assess how SMXâs technology can be used within BASFâs Performance Chemicals and the myriad products produced by that division. Moreover, the company also released its preliminary final report for the 12 months ended 31 December 2018 in which it reported a revenue of US$ 40,382 which is 560% higher than the previous corresponding period. Further, the company reported a loss of US$4.296 million compared to a loss of US$3.053 million in 2017.
Meanwhile, in the last three months, the share price of the company increased by 50.0% as on 5 March 2019. SMXâs Shares traded at $0.545 (-9.167% intraday) with a market capitalization of circa $58.5 million as on 6 March 2019.
Disclaimer
This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.