NAOS Small Cap Opportunities Company Ltd, formerly Contango Microcap Ltd., is an investment company. The principal activity of the Company is investing in microcap companies listed on the Australian Securities Exchange (ASX). The Company focuses on achieving a long-term return over and above the benchmark ASX All Ordinaries Accumulation Index and also to pay regular and franked dividends. To achieve its objective, it invests in a diversified portfolio of ASX listed micro-cap stocks. The Company's subsidiaries include Bellwether Partners Limited and Contango Capital Partners Pty Ltd. The Company's portfolio is managed by Contango Asset Management Limited.