At the small end of the market there are a number of shares with aspirations for a large cap future.
While not all these companies are destined to succeed, I think there are a few worth keeping an eye on.
Here are three speculative shares to watch right now:
Fastbrick Robotics Ltd (ASX: FBR)
Fastbrick Robotics is the company behind the Hadrian-X bricklaying robot that can lay 1,000 standard brick equivalents per hour. As a comparison, the average Australian bricklayer can lay 400 bricks per day, which means that this robot can achieve a human's weekly output in the space of just two hours. The technology caught the eye of US-giant Caterpillar last year, leading to the two companies forming a strategic partnership. Time will tell whether the technology can generate sizeable revenues.
Jatenergy Ltd (ASX: JAT)
Jatenergy is the latest ASX-listed company to cast its eyes on the lucrative infant formula market in China. It is aiming to follow in the footsteps of A2 Milk Company Ltd (ASX: A2M) following the acquisition of a 51% stake in the Golden Koala brand. It made a big step forward last month with the signing of a distribution agreement with Jiangsu Jbingo International that will give it access to the China market online and offline. While this is a positive, it is far too early to invest, in my opinion, given the little detail that is known about the Golden Koala brand.
LiveHire Ltd (ASX: LVH)
This talent technology company could be one to watch in 2018. Last year the company signed a number of agreements with blue chip companies around the world. This included global recruitment company Randstad, which appears to have been attracted to its software platform which creates a pool of pre-qualified job candidates to access when they need to recruit. The revenue generated thus far, however, hasn't been material and will need to grow quicker if it is going to justify its market capitalisation.