The promotion into MSCI global small cap and the increase in the ASX300 index weight (by way of the share count increasing as the CNs converted) looks like the reason they tipped over the 5%... They have lots and lots of assets, but they don't have a lot of choice about what to buy... that's driven by their customer flows and the index providers. Anyway, it doesn't mean something's brewing (that can happen at any time, completely unrelated to this).
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$2.93 |
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