I have given up trying to predict what MVIS will come up with for their forthcoming REMX rebalance that Van Eck tracks. I suspect their selection criteria may not be as rigorous as stated. They have taken a bloodbath on some Australian components since the last rebalance and who knows how they handle a stock currently under suspension. I hope that ASM does drop out this time as it will remove a significant holder being a source of loan stock for the short sellers. Critical dates are valuation date 31st May, publication date 10th June and implementation 17th June. There will be a number of other index reweightings around this time so perhaps a challenging roller coaster ride coming up.
Best case scenario is ASM drops out of Van Eck and has to buy back in at a very much higher price in a subsequent rebalance.
DYOR and tighten the seat belt.
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Last
54.0¢ |
Change
0.005(0.93%) |
Mkt cap ! $97.91M |
Open | High | Low | Value | Volume |
56.0¢ | 56.0¢ | 53.5¢ | $86.58K | 157.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16758 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
56.0¢ | 34739 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16758 | 0.540 |
4 | 33491 | 0.535 |
6 | 55438 | 0.530 |
1 | 11500 | 0.525 |
4 | 81153 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.560 | 34739 | 3 |
0.565 | 10319 | 1 |
0.575 | 11766 | 2 |
0.580 | 17239 | 1 |
0.585 | 5000 | 2 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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