Today, Task (ex.Plexure) has received a cash take over bid, with a 100 % premium. This comes shortly after the one of Ansarada (13/2/24).
So, it may be tempting to have another look at the listed small cap software companies. The best research I have seen about this sector is the website mopokecloud.com.
Once again, the premium for Task shows the difficulty to invest in the Australian small and micro caps sector. A lot of these stocks can look cheap, but it may last for some time, as long as there is no takeover for these companies. This is due in particular to the poor liquidity of these stocks (reason why share buyback is important for these companies).
Probably worth attending ASX small and mid cap conference on 27/3/24 to look at new ideas.
