Now that it has moved up (or onto the index) some funds will buy these shares to rebalance their portfolios. For example they may have an ASX200 fund or something with 100% of stocks in that index. Its a bonus.
On another note, I'll be looking for a bargain today.
what happen when a stock is removed from S&P/ASX200?, page-2
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Last
75.5¢ |
Change
-0.010(1.31%) |
Mkt cap ! $391.3M | |||
| Open | High | Low | Value | Volume |
| 76.5¢ | 77.0¢ | 75.5¢ | $340.6K | 449.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16551 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.5¢ | 10817 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| EHL (ASX) Chart |