Penny Stocks on the Australian Stock Exchange

Submitted by Marco on 21 April, 2006 - 21:35

In this section of we look at the big movers among the Penny Stocks listed on the Australian Stock Exchange. What are penny stocks on the Australian Stock Exchange? Well for the purposes of this website - any stock below 100 cents or $1. What is a penny? A penny is 1 cent American. Anyway, every now and again it is nice to marvel at the big moves that some of these penny stocks undertake - truly one of the reasons that make the Australian Stock Exchange unique is the odd stock that starts off at a few cents and because of some resource breakthrough find or other reason, the stock breaks the $1 mark. Enjoy!