Looking back at when BRN was included in the 200 there was massive volume from index funds buying in, and a significant rise in SP even up to market close (prior to the rebalance).
I would say the opposite is more likely to occur if they were removed from the index, but I don't think there are any certainties.
BRN to be removed from ASX200?, page-6
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Last
22.8¢ |
Change
-0.003(1.09%) |
Mkt cap ! $461.1M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 21.5¢ | $2.614M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 255376 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 155290 | 6 |
View Market Depth
| Last trade - 14.35pm 04/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |