AGO 0.00% 4.5¢ atlas iron limited

5c party around the corner, page-633

  1. 1,486 Posts.
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    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.
 
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