ASX300 on it's own doesn't guarantee increase SP if it is already at fair value.
But given how undervalued this stock is, funds will be waiting to buy in as soon as they can so we should see it here - provided the SP hasn't already increased materially by the time the index is rebalanced (possible - wouldn't be a bad thing!).
Anyone know, do you they have to wait until the stock is OFFICIALLY in the index? It's already big enough, just have to wait til the end March. With the infrequent rebalancing (especially of 300) would seem like they would miss a lot of opportunities if this is the case.
- Forums
- ASX - By Stock
- AGO
- 5c party around the corner
5c party around the corner, page-633
-
- There are more pages in this discussion • 304 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online