3 ASX Penny Stocks With A$80M Market Cap
The ASX remains below 8,000 points amid Wall Street uncertainty, with energy stocks gaining and telecoms lagging. Penny stocks are attracting investor interest, offering potential opportunities. Notable penny stocks include EZZ Life Science Holdings (A$79.72M market cap), Mindax Limited (A$88.10M market cap, pre-revenue), and OFX Group (A$304.40M market cap) facing challenges like negative earnings growth. Baby Bunting Group (A$254.32M market cap) plans expansion despite low return on equity and declining profit margins. Investors can explore a comprehensive list of ASX penny stocks for potential investments.
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