Small Cap Stocks Down Under 1 October 2021: Prospa Group, Wellnex Life, RooLife

Prospa Group: A prosperous reopening

In today’s edition of Small Cap Stocks Down Under, headquartered in Sydney, the Prospa Group had an extremely strong FY21, despite the considerable challenges the small businesses credit market faced during the year. In fact, the company passed a significant milestone towards the end of FY21, surpassing $2bn in lending. Despite the risks facing small businesses from COVID-19’s new strains, we believe Prospa’s shareholders are likely to prosper.

 

Also in today’s edition, a look at health and wellness product distributor Wellnex Life (ASX: WNX) and digital marketing and e-commerce company RooLife (ASX: RLG).

 

Click here to read the previous edition of Small Cap Stocks Down Under published 24 September 2021

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