AGY is an index constituent in ASX300, MSCI world small cap, FTSE ex US all cap and a bunch of other variants. This means it will be held by large passive investors that have to own it and are happy to lend it out to get some additional income. I haven't seen the detail of this month's announcement for MSCI, but given where the stock is, it could be a candidate for deletion this month, which would result in those holders having to sell (and therefore recall from shorts and reduce the lending pool). Whatever effect there is on price depends on supply/demand imbalance, but is temporary in nature. The MSCI rebalance is scheduled for 30th November.
None of this is advice to do anything one way or the other of course.
AGY is an index constituent in ASX300, MSCI world small cap,...
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Last
4.2¢ |
Change
-0.003(6.67%) |
Mkt cap ! $61.14M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.4¢ | 4.0¢ | $129.8K | 3.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 424064 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 156168 | 1 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| AGY (ASX) Chart |