never mind...
I know the majority can't beat the index over the long term. It's established fact. Over 50 years.
My point was this efficiency is solely based on active market participants maintaining the index. The index is only as good as those that contribute to it effectively pricing in and out stocks.
Ann: On-Market Share Buy-Back, page-86
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Last
$9.58 |
Change
-0.180(1.84%) |
Mkt cap ! $1.733B | |||
| Open | High | Low | Value | Volume |
| $9.67 | $9.70 | $9.57 | $1.197M | 124.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 42 | $9.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.59 | 2238 | 25 |
View Market Depth
| Last trade - 14.08pm 22/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |