I agree, many posters get excited when companies, including LTR, move up in one of the indexes. I never take much notice of it as it rarely has an effect on the share price. For the same reason I have no care if they drop back out.
What it does do , it often reduces the shorting as funds that need to invest in these companies try to eat both side of the cookie at the same time. AIMO.
Ann: S&P DJI Announces June 2024 Quarterly Rebalance, page-8
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Last
$1.00 |
Change
0.000(0.00%) |
Mkt cap ! $2.425B | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.03 | 99.0¢ | $3.135M | 3.115M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 130289 | 11 |
View Market Depth
| Last trade - 10.19am 15/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |