Weebit - 2023 and beyond, page-2251

If you go back and look at the history of BRN as it went into the ASX 200, there was no indication that there were games being played by shorters, or anyone else, that put any pressure on their share price. On the day they entered the 200 (20/6/22), their SP was 90.5c, and they stayed at that level for the following ~4 months. The low/high for the SP went from 80c - 126c (so actually up at one point by +40%). The SP crashed in late October because they released a 4C with much reduced quarterly revenues, when the market was expecting the number to be increasing. Also remember their MC when they entered the ASX200 was ~$1.6 billion, more than twice the current value of WBT. It had even soared to ~$3.8b six months earlier. So hardly suprising the market wanted to see them report increasing revenues when the MC was $1.6 billion. I'd suggest plenty of large funds will want to accumulate WBT when it enters the ASX200, games will be played by HC downrampers seeking to keep a cap on the SP whilst they buy-in.

All IMHO, DYOR