Well Rajput
When a company is added to S&P all fund mamanger need to add it to their portfolie to follow the S&P Index. It is a basic rule.
However when a company is removed from S&P it get dumped badly by all those who follow S&P index.
Have a look at CFU. CFU got removed from S&P and it has dropped from 1.30 to 0.062 cents (obviously slowly slowly).
JUST LIKE "ALL ORDINARY" S&P is a fundamental tool.
- Forums
- ASX - By Stock
- OGC
- s&p removal
s&p removal, page-6
Featured News
Add OGC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online