Getting dropped from the index does not change the value of the stock. It does however put downward pressure on the share price as any index funds who hold shares unload those shares. They are after all "Index Funds".
This will probably cause me and all shareholders more pain as the share price drops further.
The good news is that if I can free up some cash there may? be an opportunity to top up under 9c.
Getting dropped from the index does not change the value of the...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.42M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $3.912K | 300.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1368323 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 313023 | 3 |
View Market Depth
| Last trade - 15.39pm 28/06/2024 (20 minute delay) ? |
| SEN (ASX) Chart |