When sentiment turns sour small caps can be really wacked around according to Henry Jennings from Marcus Today. But Henry dives into three small caps to watch. Fenix Resources (FEX) is a high quality iron ore producer in WA and Henry says it’s sitting on a pile of cash and is well hedged. Henry hasn’t been a fan of Bubs (BUB) but he says the stars are aligning and he explains why this stock is a buy. His uranium pick is Alligator Energy (AGE), Henry says to be snappy and get on this one.
To get more of a rundown of Delta Drone (DLT) we were joined by CEO Chris Clarke he says the company has recently signed an impactful multi-contract to provides services to the mining industry. With over 3,500 drone companies in Australia he says only 40 have BV accreditation. Delta Drone has this accreditation which Chris says achieves more complex operations and incredible efficiencies. Tune in here for all the details.