Im not sure Kathy50,
I would assume the fund managers whose prospectus follow a certain stock profile will be required to buy. Note some of the other funds mentioned above may not be obligated, however, may still buy.
I believe this will assist us longer term Findi holders and obviously provide support with these funds generally purchasing to hold and not
trade.
Hence, I would assume this would take some shares out of play.
Cheers Anton.
Im not sure Kathy50, I would assume the fund managers whose...
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Last
$4.95 |
Change
-0.050(1.00%) |
Mkt cap ! $241.5M | |||
| Open | High | Low | Value | Volume |
| $5.01 | $5.05 | $4.93 | $366.3K | 73.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2053 | $4.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.98 | 1660 | 2 |
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| Last trade - 12.11pm 27/09/2024 (20 minute delay) ? |
| FND (ASX) Chart |