ASX:QALCapital Markets
3 ASX Penny Stocks With Market Caps Larger Than A$200M
The Australian stock market is facing a challenging period, with recent inflation data and global interest rate concerns weighing on investor sentiment. Despite these headwinds, the allure of penny stocks remains strong for those looking to uncover potential growth opportunities at lower price points. Although the term "penny stock" might feel outdated, these smaller or newer companies can still offer significant upside when backed by robust financials and sound fundamentals.