Redbubble was *removed* from the index...therefore I would have thought index trackers will now sell it. Lots of volume - smaller audience of investors...hence the terrible share price performance today.
Since our boy wonder CEO released his "strategy" the share price has been decimated. I take some solace he will have lost a lot of money on the shares he purchased outright. If I recall correctly he also has a loan from the company for the purchase of shares.
He was a bad hire and his "strategy" has turned RBL into a chewtoy for shorters.
Ann: S&P DJI Announces December 2021 Quarterly Rebalance, page-4
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40.5¢ |
Change
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Mkt cap ! $111.3M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 40.5¢ | 39.0¢ | $120.3K | 301.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 38.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 192632 | 1 |
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