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'We are at the start of a 5 year small cap boom'

After months of rising volumes and packed conferences, retail and HNW investors are coming back to the market. For anyone outside the ASX 200, they are the majority of your volume and they own your share price.

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Ben Williamson

25 September 2025 · 2 min read

As I've been reporting the last few months, the market has turned.

We can't deny that anymore.

It's an observation that hammers home even further for me, after visiting the RIU conference in Melbourne and experiencing the company buzz and investor activity.

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