If you want to make money out of penny shares, there’s a lot of work involved, the research team at Red Hot Penny Shares explains...
But before you can even think about trying to make a profit from them, you need to know what they are.
A penny share is a share that generally trades for less that R10 on the stock market and has a market capitalisation of under R1.5 billion.
But depending on which country you look at, the definition will vary. For instance, in the UK a penny share would normally trade for under £1 or in the US, under $1.
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