Australia's largest stock trading and investment forum Australia's #1 stock forum

YOJ

Click for more information

2.08%

4.7¢ yojee limited

Ann: S&P DJ Indices Announces March Quarterly Rebalance, page-10

First 10 Last

Share
Profile

Follow
Load

3,281 Posts.

875

11/03/18

10:25

Post #: 31668676
Share

Originally posted by harleyone ↑

The announcement from the ASX is very much a positive for Yojee. From 19 March the company is included in the All Ordinaries Index. Many fund managers are prohibited from investing in securities not included in the AOI. Ultimately, the company needs to keep developing as per its strategy. But, if the investment fundamentals are there, the expanded buyer base will be too.

Expand

Inclusion in the All Ords only means YOJ has a market cap exceeding 75%+ of the companies on the ASX. Thats the first step in getting its name noticed. Next is to make the ASX300 with some decent revenue and profit, but dont expect any interest from the big instos until that happens.

Most Super Funds only invest in the ASX300. Insto Funds invest in the ASX200 or ASX300.

The fundamentals look good to me. Patience is required for this business to grow same as any other business.

Last edited by Load: 11/03/18

YOJ Price at posting: 18.0¢ Sentiment: None Disclosure: Held
8 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 10 Last

Add YOJ (ASX) to my watchlist

(20min delay)
Last 4.7¢		Change -0.001(2.08%)		Mkt cap ! $12.25M

Open	High	Low	Value	Volume
4.9¢	4.9¢	4.7¢	$3.166K	66.66K

Buyers (Bids)

No.	Vol.	Price($)
1	28979	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	150000	1

View Market Depth

No.	Vol.	Price($)
1	28979	0.047
2	237076	0.046
1	12000	0.045
2	31500	0.044
1	19998	0.041

Price($)	Vol.	No.
0.055	150000	1
0.057	13386	2
0.058	40000	1
0.060	225749	2
0.070	9334	2

Last trade - 14.35pm 03/05/2024 (20 minute delay)

YOJ (ASX) Chart