Ann: Response to ASX Price Query, page-47

Penny Stocks Myth #1: These Companies Have Big Potential

If you think penny stock investing is your ticket to get in on the ground floor, think again. If anything, penny stocks often offer unscrupulous investors an opportunity to unload their holdings in a company that is going nowhere — and leave you holding the bag.
After all, if they had such a great idea, wouldn’t they have sold it to someone else for billions, or held a massive IPO on a major stock exchange to raise capital and build it out?