Welcome to the 1520 Perfect Dictionary
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| Penny shares | |
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| PENNY SHARES Definition: (business) Penny shares are shares that are offered for sale at a low price. ______________________________________________________________________ * All six elements should be in. 1. Purposeful and necessary, as approved by the issuing authority, however ridiculously low the offer price may be. 2. Share value was professionally calculated before offer was made. That is, no creative accounting or insider trading to arrive at price. 3. The procedures guiding a share issue are followed to the letter. 4. Offer will be enthusiastically taken. That is, company or business will have prospects for growth, expansion, profitability, etc. such that public and/or existing shareholders will be attracted to freebie. 5. Substantial amount will be raised from sale of shares. That is, there will be an oversubscribing of poor relation. In other words, enough capital will be raised from the sale of low-priced shares. 6. Capital raised will be judiciously used. That is, offer will serve purpose(s), even if a recapitalization occurs soon after the sales. _____________________________________ * SHOULD END UP AS 'POUND' STOCKS. See perfect PENNY WEDDING. Quote: "Sometimes people measure their progress in life by their income or clothing size, yet what truly matters is how much you have loved during your time here". - Doreen Virtue. | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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