Emerging Stocks Down Under 1 December 2020: Plexure, Actinogen Medical, PKS Holdings
Plexure: There’s an app for that
In today's edition of Emerging Stocks Down Under, headquartered in Auckland New Zealand, Plexure is one of the more recent NZX-listed companies to do a secondary share offering on the ASX. The company’s listing went live on the 25 November 2020. Plexure produces a highly niche loyalty app, specifically designed for Quick Service Restaurants and grocery stores. The company was profitable during FY19 and is currently making the choice to funnel its cash into development and growth, likely resulting in a net loss this year. The question is, is it worth it?
Also in today's edition, a look at drug developer Actinogen Medical (ASX: ACW) and healthcare systems developer PKS Holdings (ASX: PKS).
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Click here to read the previous edition of Emerging Stocks Down Under published 24 November 2020