NEL ASA NK-_20

Commented by Mario Hose on November 18th, 2019 | 11:43 CET

BIGG DIGITAL ASSETS, NEL ASA, NOXXON PHARMA AND RYU APPAREL - THE PRICE POTENTIAL OF PENNY STOCKS

• Penny Stocks

The value of a company is usually calculated by multiplying the number of shares by the share price. So-called market capitalization says more about the value of the company than just the share price. There are different customs and rules in different countries. In Germany, for example, the value of a share must always be at least EUR 1.00 when it is founded or in connection with a capital increase. This is different for companies in the Netherlands, Norway or Canada, for example, and against this background so-called penny stocks from these countries, i.e. shares with a price of 0 before the decimal point, can be quite interesting.