Some time ago I was going to write a blog about micro-cap health stocks. I never ended up publishing because I was trying to accumulate (at slightly lower than market prices) some of the illiquid micro-caps on this list below.
I thought I'd share my micro-cap healthcare watchlist. I don't hold all of these, and for the majority (but not all) of the ones I do hold, my purchase price is below the last traded price. I have different allocations in each holding.
However, just as an experiment, I want to see if this portfolio of 10 stocks outperforms the ASX All Ords and the ASX 200 over the next 10 years.
The All Ordinaries Index just closed at 5,375.90. Google Finance's S&P/ASX 200 Net Total Return measure sits at 44,697.70.
The last traded price of these 10 micro caps are recorded below. I shall call them the ASX Microcap Health Index. Let's see how they go.
ICS - I hold - Current price: 4.7c
CTE - I hold - Current price: 41c
GLH - I hold - Current price: 47c
MDG - I hold - Current price: 17c
CMP - I hold - Current price: 13.5c
RHT - I don't hold - Current price: 5.1c
PME - I hold - Current price: 94c
ALT - I hold - Current price: 4.1c
SOM - I hold - Current price: $2.11
AZV - I don't hold (as of this morning) - Current price: 47c