From WO:
Just want to remind Brainchip on June 20th, 2022 >>> so in 5 days!!! <<< being included in the prestigious S&P/ASX 200 Index (ASX:XJO).
https://www.********.au/2022/06/06/brainchip-shares-could-ge…
Abstract:
"After Friday's close, S&P Dow Jones Indices announced that Brainchip would join the prestigious S&P/ASX 200 Index (ASX:XJO) on June 20.
Brainchip's promotion comes as part of the index's quarterly update, which adds three more companies and removes five.
Why is this a big deal?Aside from qualitative fame, membership in the ASX 200 can boost stock price.This is because passive funds that follow the index are forced to buy the stock.
The short-term spike in demand may push the price higher, but fund managers will still be forced to buy Brainchip shares."
2022 BRN Discussion, page-8490
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