Term: ALTX 15 INDEX

This index is supposed to contain the 15 largest companies trading on the Alt-X, but at the moment there are only twelve that qualify for inclusion and they are dominated by Anchor Capital which represents 34,76% of the index. The next largest share is Renergen which represents 16,37%. The remaining shares are Dawn, Alaris, Advanced Health, Etion, ISA, Jubilee, Master Plastics, Mettle, Silverbridge and Workforce. Obviously, these shares are more risky than those on the main board, but sometimes there can be some good buys among them. When considering these shares you should look closely at the average daily volumes traded. Make sure that there is sufficient volume to allow you to sell out on your stop-loss if you need to.

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