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)..
The real power of PLS!, page-20
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Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |