Business
3 under the radar ASX small cap shares to watch closely
If you’re interested in gaining exposure to the small side of the market, then you might want to take a look at the small cap ASX shares listed below.
Here’s why these small cap ASX shares are ones to watch:
MyDeal.com.au Limited (ASX: MYD)
MyDeal.com.au is an online retail marketplace with a focus on homewares, furniture, and technology. It has been growing very strongly during the pandemic. In February, the company released its half year results and revealed a 217% increase in gross sales to $126.7 million. Underpinning this growth was increased repeat purchasing and a jump in active customers to 813,764. Despite this strong result, the MyDeal share price has been dragged lower due to weakness in the tech sector. So much…
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