May 8, 2019 / The Sydney Morning Herald
We at IFM Investors look for companies that have the potential to become small caps and then large caps over time and, eventually, billion-dollar market cap businesses.
We focus on competitive advantage, industry attractiveness, strength of the management team, and risks, including balance sheet and environmental, social and governance risks. Here are some of our favourite microcap stocks. Jaxsta (JXT-ASX) – A global music database. Jaxsta is a unique proprietary database for the music industry.
April 29, 2019 / The Australian Financial Review
Jaxsta, a Sydney start-up aspiring to be ""LinkedIn Pro meets Bloomberg for the music industry"", has moved to squash investor concerns about its capital position. The music data provider has agreed terms for the sale of its Marine Rescue Technologies.
The fresh funds may help to remove fund manager fears about the company's capital requirements. Jaxsta has a few projects in the pipeline and is expected to launch its consumer portal in May and Jaxsta Pro, a $US150-a-year subscription service
for music industry professionals, in July.