Business
3 top small cap ASX shares to buy now – Motley Fool Australia
Here are 3 top small cap ASX shares to buy now, including growing ASX plus-size women’s apparel retailer City Chic Collective Ltd (ASX:CCX).
Small cap ASX shares could be the best way to generate large returns for your portfolio over the long-term.
It’s much easier to double profit from $10 million to $20 million than it is to double profit from $1 billion to $2 billion. The law of large numbers makes it harder to keep growing at a good pace the larger a business becomes.
I don’t think a business like Commonwealth Bank of Australia(ASX: CBA) can generate much organic compound profit growth because it’s already so large.
However, …
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