They used to say "Great things come to those who wait." But it took Abraham Lincoln to realise "Great things may come to those who wait, but only the things left behind by those who hustle."

And (segue alert) it seems that Australia's micro caps have been doing just that: hustling.

The MSCI Australia Micro Cap Index returned 36.34% over the past 12 months (to Feb 26). An undeniably impressive gain, compared to the S&P/ASX200's 3.6% return over the same period. 

In this episode of Buy Hold Sell, Livewire's Ally Selby, as well as micro-cap experts James Dougherty from Lennox Capital Partners and Nick Guidera from Eley Griffiths Group, put five undiscovered micro-cap gems to the test. 

And believe us, there's a few in there to put on your watchlist.