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.
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Last
$3.80 |
Change
0.070(1.88%) |
Mkt cap ! $233.6M | |||
| Open | High | Low | Value | Volume |
| $3.73 | $3.80 | $3.70 | $208.5K | 55.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 969 | $3.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.80 | 1992 | 2 |
View Market Depth
| Last trade - 12.52pm 17/06/2025 (20 minute delay) ? |
| FND (ASX) Chart |