Micro cap specs

barry c said:

What price do you define a micro-cap at nowadays? I have one share that is just under 8c (I paid a lot more for it unfortunately). Is that a micro-cap now?

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It's not price that matters for micro/mid/large cap. The cap is short for capitalisation, so a micro-cap is a company with a relatively small market capitalisation.

If CBA had 6500x as many shares on issue and was trading at 1c per share, it wouldn't be a micro-cap it would just have a lower individual share price.

Where to post this?:

I have a theory that the chase for dividends is slowing/ending!
Money seems to be flowing into the resources sector.

I thought that a comparison of the XSO to the XAO would be illustrative!!

springhill said:

PVD +20%
CQC -10%
SKM +20%
PRE +9% (Thanks to burglar)
FRC +44%
GBE -4%
BGH -20%
ESR +10%
STK +14%
PRA +4%
ZTA +4%
XCD -1%
ATU +25%
AXE -3%
MTN +28%
MDA +24%
MEP +15%
PTS +21%
LMR +15%

Take that XEC (S&P/ASX Emerging Companies Index)!!

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Hi Spring Hill

As there are now lesser and lesser no of posts on ASF so I have been searching quality posts and posters previous years.
Looking into your post in 2010, what do you say against the performance of those emerging companies ?
I know how PVD was favoured by many brokers and my investment has reduced to half . The share behaved opposite (just MCE did) to what market hype predicted.
Way back all on hindsight when FMG before the split was 8 cents and then $2 no one believed it (that includes me). Even when it was $36 before split even I was working at FMG - did not believe it. Today it is different. All emerging chips will be mighty chips in some day s unless M & A snared them

Regards

Thought I'd put up Tony Locantro's 2022 specs list if anyone wants to sniff around them.
I hold MBK on the list - without much conviction these days; stale bull. However MBK have recently done another mega dilutive capital raising and have bought a new project. A factor of x26 would consolidate the current 2.55 billion shares @ 0.007 down to ~100million shares @ 0.18. Arguably cheap. Not a recco from me.
I hold Red Metal (RDM), recent purchase
I see 1AD has made a reappearance.
MKG, CHM and NYR could tempt me if I get to a strong cash position and they haven't taken off.