What is the All Ordinaries index?
The All Ordinaries (XAO) tracks the 500 largest companies listed on the ASX according to their market capitalisation. Commonly referred to as the “All Ords”, it is considered the benchmark index for gauging the performance of the broader Australian stock market.
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Summary:
As of 18 March 2024, 4DS will be listed in the All Ordinaries Index.
What does it really mean, for a Joe-Bloe?
It means, there will be more exposure for the company, particularly, the US investors and other overseas investtors!
Hence, the share price will go up, from here-on!
Well, in theory of-course!
All in my personal opinion! Purely speculation!
Hope you have a wonderful weekend!
Sam the farmer!
Ann: S&P DJI Announces March 2024 Quarterly Rebalance, page-3
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