Post New
|
Post Reply
|
Reply Later
|
Create Poll
No. of Recommendations: 0
I understand this board is the All Ordinaries, but can someone tell me if they have found a place where you can easily obtain information on Australia's smaller companies?
I found a complete list of companies on the ASX site - but how do the smaller Aussie companies with potential growth first come to your notices? Where do you guys and girls out there first spy these potential little treasures?
I am still new to this game and haven't had time over the past few weeks to keep up with the information on the board - so I'd appreciate any assistance.
Thanks.
Kathie.
Post New
|
Post Reply
|
Reply Later
|
Create Poll
No. of Recommendations: 0
Due to our population of Oz it is extremely difficult to have information about new prospectuses available via internet sources. In the majority of cases these smaller listings are underwritten by brokers who then allow their client base first bite of the cherry (so to speak). Etrade and Datek each list new companies in which their partners are involved in.
Other than the foregoing try opening a 'brokerage' account with a broker in your capital city. Explain to him that you are a small(er) type investor but interested in what is available for new listings.
I must caution here that *caveator emptor* rules. As with the majority of cash flow forecasts produced for these prospectuses there is every likelihood that they will not reach the forecasters expectations. Whilst they try to maintain a good ethos on forecasts they are usually off the mark due to some 'unforeseen' matter.
Post New
|
Post Reply
|
Reply Later
|
Create Poll
No. of Recommendations: 0
www.investorweb.com.au is a good site to do research and you can search using a variety of criteria but market cap isn't one of them.You could always weed the big ones out yourself as market cap is provided on the company reports generated.
Post New
|
Post Reply
|
Reply Later
|
Create Poll
No. of Recommendations: 0
You might the site below useful. When you subscribe to it (free) you get regular email whenever a new float is announced on the ASX. I find it very useful to be kept up to date on what's happening with new floats.
http://www.floatnews.com.au/
Regards
Tim
