Norwood Systems and ResApp Health are small tech companies with global potential and, judging by their share price gains this month, investors have latched on to the latter.
The market appetite for backdoor listings of tech stocks continues unabated, with Magnolia Resources securing $7 million in funding commitments and Potash Minerals becoming the fifth exploration company from Western Australia to head down the tech path this month.
West Perth-based Transit Holdings Ltd has completed a placement to raise $2 million to sophisticated investors for exploration for haematite mineralisation and working capital.