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Small Cap Stocks Down Under 17 December 2021: 8VI Holdings, RMA Global, HiTech Group Australia
8VI Holdings: Bringing the markets to the masses
In today’s edition of Small Cap Stocks Down Under, headquartered in Singapore, 8VI Holdings has two main offerings, VI App and VI College, placing it firmly in both the FinTech and EduTech industries. Despite being established in 2008 and listing in 2015, the stock has been a rather lacklustre for a long time, trading under $1 since early 2018. However, everything changed on 14 October 2020 when the stock crossed the $1 mark and began a meteoric rise to it 52-week high of $6.99. The stock has since pulled back and we think this offers an opportunity to buy.
Also in today’s edition, a look at RateMyAgent Platform RMA Global (ASX: RMY) and specalised recruitment service provider HiTech Group Australia (ASX: HIT).
We last wrote about the RMA Global on 13 February 2020.
Click here to read the previous edition of Small Cap Stocks Down Under published 10 December 2021