Hey Montrose - no chance of EMR falling out of the ASX200. Big shareholders like Blackrock and Van Eck would be the hit the hardest.
The latest reshuffle happened on Friday March 15 (3rd Friday of March). Companies are notified 10 days in advance.
You can make up your own mind as to whether the institutions are manipulating the price.
Prior to the reshuffle period we were down to 2.70ish as Blackrock picked up T Rowe's shares. During the reshuffle period we were back up around the 3.20 mark - nice and safe from dropping out of the ASX200. Since March 15th, down we go as Van Eck fill their boots.
It's a bit of a game for anyone wanting to exit in size. But a good opportunity for buyers
EMR Price at posting:
$2.78 Sentiment: Buy Disclosure: Held
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