Stock classification by market cap

[tocoau]

Hi, everyone

In the USA, stocks are commonly classified according to their market cap, namely:-

Large cap: greater than $50 billion
Mid cap: $10 - $50 billion
Small cap: $1.5 - $10 billion
Penny stocks: $50 million - $1.5 billion

I'm curious as to what these classifications are in Australian market cap terms. The ASX don't seem to know

Cheers
tocoau

 

[So_Cynical]

Hi, everyone

In the USA, stocks are commonly classified according to their market cap, namely:-

Large cap: greater than $50 billion
Mid cap: $10 - $50 billion
Small cap: $1.5 - $10 billion
Penny stocks: $50 million - $1.5 billion

I'm curious as to what these classifications are in Australian market cap terms. The ASX don't seem to know

Cheers
tocoau

So what are u getting at? we don't have any listed 1.5 billion dollar penny stocks.

S&P/ASX index overviews

http://www.asx.com.au/research/indices/description.htm

 

[skc]

Hi, everyone

In the USA, stocks are commonly classified according to their market cap, namely:-

Large cap: greater than $50 billion
Mid cap: $10 - $50 billion
Small cap: $1.5 - $10 billion
Penny stocks: $50 million - $1.5 billion

I'm curious as to what these classifications are in Australian market cap terms. The ASX don't seem to know

Cheers
tocoau

In Australia, something worth A$1.5B is well in the ASX100.

There is also a category call Micro Caps (personally would call them Nanos). They can be anywhere near $1-2m. Thankfully they rarely fall below $0.5m, as the listed company shell is said to be worth that much.