Hi Team.
what is the opinion of the impact of the re- rating of FMG into the top 20 on the ASX ( I believe in 5th spot).
the re- ratings of our on the 18th of September.
the index funds will need to potential top on FMG depending on what they currently hold. As they have a mandate to hold certain % in the funds of the top rated shares on the ASX.
iMO this re- rating will only help drive the price higher and reduce the stocks for the shortest to short.
just putting it out there for comment.
regards
MJAK
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