Many instos. have rules/mandates about which sectors of the market certain funds can invest. ASX 100/200/300 or a certain Market Cap. and/or share price, it has nothing to do with potential/value etc. often the line is drawn at/or over 20c. to stop speculation in what is usually called the penny-dreadfuls. Hope this helps.
cheers
Ann: More High Grade Nickel at Golden Swan, page-44
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Last
0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $18.56M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $1.846K | 410.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 87 | 63618432 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 14793658 | 24 |
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| Last trade - 13.24pm 08/07/2024 (20 minute delay) ? |
| POS (ASX) Chart |