PENNY SHARES Definition & Meaning

penny shares

stock exchange securities with a low market price, esp less than 20p, enabling small investors to purchase a large number for a relatively small outlay

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Examples have not been reviewed.

So in the past they probably bought penny shares in Turkmenistan oil companies because, you know, they’re a dead-cert “ten bagger”.

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The penny shares lost 45% of their value, closing at 0.625p.

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Even today almost every San Francisco businessman has his favorite among the penny shares of the Mining Exchange.

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