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2.94% 3.3¢ morella corporation limited

AJM Chart, page-4556

  1. sclip
    427 Posts.
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    23/09/18
    18:12
    Post #: 35784472

    Ahhhhhh.  I think I get it actually.  So on rebalancing date, stocks get added/removed to the index.  But, that's also the date where the weighting of individual stocks to the index gets recalculated.  AJM, due to decrease of price/market cap, likely has a lower weighting now than previously, causing funds who follow the index to sell.


    Cheers for your patience!

    AJM Price at posting: 22.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
3.3¢ 		Change
-0.001(2.94%) 		Mkt cap ! $8.156M
Open High Low Value Volume
3.3¢ 3.5¢ 3.3¢ $1.909K 55.06K

Buyers (Bids)

No. Vol. Price($)
2 201682 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 53089 3
View Market Depth
Last trade - 14.39pm 09/08/2024 (20 minute delay) ?
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