I'm just thinking out loud here...
we are now ranked number 274 for market cap on the ASX which means when we get an asx 200 rebalance in September there's a real chance we get booted..
Now this will have a real impact on share price as some investment/fund managers can only invest in asx 200 or above companies they have to sell them if they drop out.. I'm not sure if this applies to Shorter's or just fund managers???
Any one with more insight feel free to comment..
Banter and general comments, page-30083
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Last
10.0¢ |
Change
0.005(5.26%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 10.5¢ | 9.8¢ | $1.361M | 13.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 91988 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 118227 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |