Emerging Companies Portfolio

For those seeking higher growth investments

About The Portfolio

The newest Market Matters Portfolio that searches for small & mid capitalisation emerging stocks (ex-100) that show strong underlying growth characteristics. This is a higher risk portfolio and investors should expect greater volatility in returns.

**Portfolio Performance** UPDATED 30/06/2025 17:00
Portfolio	1M	3M	1y	3y pa	5y pa	ITD PA*
EMERGING COMPANIES	3.94%	13.87%	-1.41%	7.81%	2.00%	4.35%
SMALL ORDS ACCUMULATION	1.30%	8.94%	9.47%	9.15%	7.89%	3.96%
VALUE ADD	+2.64%	+4.93%	(10.85%)	(1.34%)	(5.89%)	+0.39%

* Inception date 31/01/2020

**Portfolio Holdings** 20 MINUTES DELAYED trade now
CODE	NAME	WEIGHT (%)	RISK	TERM	BUY DATE	BUY PRICE ($)	LAST PRICE ($)	DIVIDENDS ($)	DAILY CHANGE (%)	GAIN / LOSS (%)
A1M	AIC Mines	4	High	Medium	26/07/2024	0.35	0.31		1.64	-11.43
ABB	Aussie Broadband	6	Moderate	Medium	25/11/2021	4.82	4.47	0.12	-0.89	-4.77
ARB	ARB Corp	5	Moderate	Medium	19/02/2025	39.49	33.23		-1.22	-15.85
CAT	Catapult Group	4	High	Medium	22/08/2023	1.43	6.63		0.00	363.64
CNI	Centuria Capital	4	Moderate	Long	9/11/2022	1.60	1.87	0.30	0.54	35.63
HMC	HMC Capital	5	Moderate	Long	11/02/2025	9.68	3.53	0.08	-1.67	-62.71
HSN	Hanson Technologies	4	High	Medium	10/12/2024	5.41	6.09	0.06	1.33	13.68
JLG	Johns Lyng Group	4	High	Medium	26/07/2024	5.51	3.90	.04	0.00	-28.49
LTR	Liontown Resources	4	High	Medium	22/05/2024	1.44	0.80		2.56	-44.44
NCK	Nick Scali	4	Moderate	Medium	26/07/2024	14.90	19.37	0.43	0.73	32.89
NEC	Nine Entertainment	4	Moderate	Medium	9/11/2022	2.03	1.70	0.30	-0.29	-1.48
PDN	Paladin Energy	4	High	Medium	27/02/2024	9.62	6.24		0.48	-35.14
PNI	Pinnacle Investment Group	4	Moderate	Long	12/03/2025	17.85	22.00		-1.70	23.25
PXA	PEXA Group	4	Moderate	Long	02/08/2023	12.45	15.73		-0.94	26.35
RUL	RPMGlobal Holdings	6	High	Medium	10/12/2024	3.05	3.34		-0.89	9.51
RDY	ReadyTech	4	High	Long	22/03/2023	3.02	2.20		-3.08	-27.15
RPL	Regal Partners	4	Moderate	Medium	9/11/2022	2.89	2.95	0.34	1.03	13.84
SDR	Siteminder	6	High	Medium	11/02/2025	5.80	5.18		-0.58	-10.69
SLX	Silex Systems	3	High	Medium	22/03/2023	3.80	4.24		-0.24	11.58
ZIP	Zip Co	4	High	Medium	21/05/2025	1.99	3.25		0.62	63.32

Portfolio cash position: 13%

**Recent Sales** UPDATED 18/06/2025 17:00 trade now
Company code	STOCK NAME	ACTIVITY	RISK	TIME HORIZON	EXIT DATE	ENTRY PRICE ($)	CLOSE PRICE ($)	DIVIDENDS ($)	GAIN / LOSS (%)
SRG	SRG Global	Sold 4% position	Moderate	Medium	18/06/2025	0.81	1.55	0.12	86
CRN	Coronado Resources	Sold 3% position	High	Medium	18/06/2025	1.37	0.145	0.09	-82
VAU	Vault Minerals	Sold 4% position	Moderate	Medium	31/03/2025	0.32	0.45		40.63
VAU	Vault Minerals	Trimmed 2%	Moderate	Medium	19/02/2025	0.32	0.4		25
BAP	Bapcor	Sold 5% position	Moderate	Medium	19/02/2025	6.27	4.67	0.51	-17.38
BWP	BWP Trust	Sold 4% position	Low	Medium	11/02/2025	3.75	3.42	0.18	-4
HLO	Helloworld Travel	Sold 4% position	Moderate	Medium	11/02/2025	2.19	2.03	0.07	-4.1
CXL	Calix	Sold 4% position	High	Long	11/02/2025	4.22	0.51		-87.9
ZIP	Zip Co	Sold 3% position	High	Medium	10/12/2024	1.77	2.88		62.71
ANG	Austin Engineering	Sold 3% position	High	Medium	10/12/2024	0.47	0.52		9.61
AD8	Audinate	Sold 6% position	Moderate	Medium	10/12/2024	12.92	7.83		-39.39
C79	Chrysos Corp	Sold 6% position	High	Medium	10/10/2024	6.41	5.39		-15.91
SRG	SRG Global	Trimmed 1%	Moderate	Medium	26/07/2024	0.69	0.925		34.05
SFR	Sandfire Resources	Sold 5% position	Moderate	Low	26/07/2024	6.26	8.32		32.91
ANG	Austin Engineering	Trimmed 1%	High	Medium	26/07/2024	0.47	0.64		36.2
PXA	PEXA Group	Trimmed 1%	Moderate	Long	26/07/2024	12.45	13.77		10.6
EML	EML Payments	Sold 4% position	High	Medium	26/07/2024	3.36	0.905		-73.06
BCB	Bowen Coking Coal	Sold 4% position	High	Medium	26/07/2024	0.295	0.044		-85.08
SLX	Silex Systems	Trimmed 1%	High	Medium	22/05/2024	3.8	6.53		71.84
SFR	Sandfire Resources	Trimmed 1%	Moderate	Long	22/05/2024	6.26	9.94		58.79
SRG	SRG Global	Trimmed 1%	Moderate	Medium	22/05/2024	0.69	0.9	0.06	39.13
CNI	Centuria Capital	Trimmed 2%	Moderate	Long	22/05/2024	1.6	1.77	0.14	19.38
FCL	Fineos	Sold 4% position	High	Medium	22/05/2024	2.51	1.65		-34.26
GL1	Global Lithium	Sold 4% position	High	Long	22/05/2024	2.55	0.37		-85.49
ABB	Aussie Broadband	Trimmed 2%	Moderate	Medium	27/02/2024	4.82	4.61		-4.36
PDN	Paladin	Sold 4% position	High	Long	15/01/2024	0.75	1.31		74.67
PDN	Paladin	Trimmed 2%	High	Long	11/01/2024	0.75	1.17		56
PMV	Premier Investments	Sold 4% position	Moderate	Medium	11/01/2024	24.78	26.89	2.99	20.58
PPS	Praemium	Sold 4% position	Moderate	Long	11/01/2024	0.765	0.39	0.07	-39.87
AD8	Audinate	Trimmed 1.5%	Moderate	Medium	20/11/2023	8.94	15.04		68.23
LYC	Lynas Rare Earths Ltd	Sold 4% position	High	Medium	20/11/2023	8.6	6.77		-21.28
AD8	Audinate	Trimmed 2%	Moderate	Medium	22/08/2023	8.43	12.06		43.06
BAP	Bapcor	Trimmed 1%	Moderate	Medium	22/08/2023	6.78	6.56	0.46	3.54
CAJ	Capitol Health	Sold 5% position	Moderate	Medium	22/08/2023	0.4	0.23	0.04	-32.5
SBM	St Barbara	Sold 4% position	Moderate	Medium	05/07/2023	0.935	0.545		-41.71
SFR	Sandfire Resources	Sold 4% position	High	Medium	20/04/2023	3.93	6.95		76.84
NXT	NEXTDC	Sold 4% position	High	Short	13/04/2023	8.67	12.13		39.91
SHV	Select Harvests	Sold 4% position	Moderate	Medium	22/03/2023	6.39	4.08		-36.15
PNI	Pinnacle Investment Management	Sold 6% position	Moderate	Medium	01/02/2023	9.58	9.9	0.25	5.95
SFR	Sandfire Resources	Trimmed 2%	High	Medium	8/12/2022	3.87	5.38		39
ASB	Austal Ltd	Sold 4% position	Moderate	Medium	8/12/2022	3.3	2.14	0.3	-26.06
STA	Strandline Resources	Sold 3% position	High	Medium	9/11/2022	0.25	0.41		64
PLS	Pilbara Minerals	Sold 4% position	High	Medium	9/11/2022	2.69	5.53		105.58
LOV	Lovisa Holdings	Sold 4% position	Moderate	Medium	9/11/2022	15.48	24.01	0.41	57.75

OPINION
ACTION

Opinions for stocks held in the Emerging Companies Portfolio

29/07/2025 17:44

Liontown Resources (LTR) $0.83

LTR -4.05%: Releases an okay set of production numbers today, though FY26 guidance underscores a wide range of outcomes:

29/07/2025 09:22

Paladin Energy (PDN) $6.91

PDN was hit hard last week on lower-than-expected FY26 guidance, and yesterday's BOE shocker extended the pullback to almost 18% in five trading days.

28/07/2025 09:17

Shawn’s Trade Idea: Paladin Energy (PDN) $7.23

On the stock level, I am currently looking for ideas that have no/little correlation to the ASX – and PDN certainly flits that particular bill after retreating over the last year while the ASX200 has posted new all-time highs.

25/07/2025 09:49

Active Growth & Emerging Companies Portfolios – Update on PDN

MM is adding to an existing position

24/07/2025 17:16

PEXA Group (PXA) $15.09

PXA +16.53%: Stormed higher after it signed a deal with the UK’s National Westminster Bank to facilitate mortgage transactions on its platform.

24/07/2025 17:14

Paladin Energy (PDN) $7.39

PDN +1.93%: was hit yesterday on lower-than-expected FY26 guidance, though it recovered some of the loss today as the company did the rounds. We had them in this morning, and we came away from the meeting with more confidence about what comes next.

23/07/2025 17:40

Paladin Energy (PDN) $7.25

PDN -11.26%: The June quarter update showed a decent recovery given rain events earlier in the year, though the FY26 guidance disappointed and highlighted continued operational underperformance.

14/07/2025 17:11

Hanson Technologies (HSN) $5.30

HSN +10.88%: Provided a trading update today, highlighting improving earnings amid a mildly softer headline revenue number.

11/07/2025 17:08

Johns Lyng Group (JLG) $3.90

JLG +22.64%: Rallied strongly today after we finally heard the price that private equity firm Pacific Equity Partners (PEP) are willing to pay to take it off the boards.

09/07/2025 09:39

RPM Global (RUL) $3.18

The provider of software solutions to the mining industry has had a volatile year, like many small caps, trading from below $2.40 to a high above $3.30, nearly a 40% trading range. The business has been a lot more stable than the share price gyrations would imply, and while there has been some large pieces of one-off news, such as the sale of their consulting business in April for $63mn,