I don't think you understand the definition of a speculative stock... it has little to do with the market cap but with the risk involved. I'd say this stock is even riskier now it is worth $600m.. Institutional investors invest in 'speccys' all the time so don't assume it is now risk less because a few instos have bought in and could very well unload straight away for a quick profit.
If you are; which I really doubt; planning on buying 2mil shares (at current prices is over a $1mil) I'd be more wary of the risks. Its not smart to put all your eggs in one basket (especially if its your life savings, its actually idiotic)..
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Last
$2.85 |
Change
-0.150(5.00%) |
Mkt cap ! $8.582B |
Open | High | Low | Value | Volume |
$2.95 | $2.98 | $2.83 | $92.31M | 32.06M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 46000 | $2.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.86 | 89829 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 46000 | 2.850 |
4 | 80756 | 2.840 |
34 | 122623 | 2.830 |
18 | 657649 | 2.820 |
25 | 323374 | 2.810 |
Price($) | Vol. | No. |
---|---|---|
2.860 | 87329 | 10 |
2.870 | 294698 | 10 |
2.880 | 639919 | 11 |
2.890 | 200535 | 4 |
2.900 | 131802 | 10 |
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