i think what Toph was trying to say is that it is a re/balancing of fund managers regarding there portfolio
which happens every quarter for stocks in the aud200....
now the absulate mecahnics how it works i am not 100 % sure ....however it does happen on the second last friday of the months of march june sept and dec....however i believe today was a double wammy with the korean news plus the re balancing hence the 14.38% rise ....thats great
also the short covering helped....but make no mistake without the re balancing on the auction....close of 8.35 would not of happenend....but still would have been great day....
regards....
regards
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $18.65M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $1.044K | 115.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 404545 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4382301 | 2 |
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| Last trade - 15.04pm 23/06/2025 (20 minute delay) ? |
| EXT (ASX) Chart |