LIVEMarkets rolling coverageStarted: July 16, 2026, 4:00 AM EDTUpdated: July 16, 2026, 3:52 PM EDT ASX penny stocks watch: Accent Group, Focus Minerals move under A$2B cap July 16, 2026, 3:42 PM EDT. ASX looks set to tick higher, with traders eyeing penny stocks under A$2 billion market cap. Accent Group Limited, valued at A$444.88 million, got a A$300 million offer from Frasers Group, but its board said the bid is too low given recent earnings and margin pressure. Focus Minerals Limited, with a A$468.52 million cap, posted 1612% earnings growth, carries no debt, and has solid asset backing. The