Can someone please explain (nicely) the benefit of being on the ASX 300. I recall some earlier comments about how it allows the big Fund Managers to acquire shares or something like that but I noticed that one appears to be already doing this. Obviously if it is beneficial to the company then I am looking forward to what this may bring. Also I thought being on the Tech Index was supposed to help with the price but I can't see the benefit of that either. Of course I am more than happy to be corrected on that front!
99,920,715 (7.47%) Merrill Lynch (Australia) Nominees Pty Ltd
S&P/ASX 300 March rebalance, page-6
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $461.1M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 620903 | 23.5¢ |
Sellers (Offers)
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|---|---|---|
| 24.0¢ | 966723 | 20 |
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