Can you articulate your definition of ‘speculative’ in the context of an investment in ordinary securities listed on a public market;
- is a stock like BHP ever considered speculative eg. when trading on a higher than normal PE?
- is a stock like a junior miner that does not have any history of profitability anything other than speculative?
- what about an ASX 100 company that is projected to make losses for a few years into the future ie current trading and near term trading results?
- is it based on size of operations?
- is it based on balance sheet gearing?
- is it industry based?
- is it based on an entity’s stage of commercial evolution?
- is it based merely on an investor’s own speculation as to where the stock price will head in the future?
Give us the technical definition and criteria.
McInnes chair CCX, page-44
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12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.14M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $4.325K | 34.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 100624 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 111111 | 1 |
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