If I am to ask all of you readers, what is Singapore’s most expensive stock? The answer will be stocks like Jardine stock and UOB stock. If I am to ask you what is Singapore’s cheapest stock? What will your answer be? Well, Singapore cheapest stock is priced at 0.1 Singapore cents and there are two Singapore stocks trading at this low price. The two stocks are Digiland and Singapore eDevelopment Limited.
Of these two cheapest stocks, Singapore eDevelopment (SED) is quite well-traded by investors. Investors can see this stock amongst the stocks on either the top 20% gainers or top 20% losers as the rationale is really simple; any 0.1 cent up around the current trading price is really 50% movement of stock price.
With its stock price trading at just 0.1 cent, an investor would just require $1,000 to buy 1,000,000 stocks of SED. What ......