They will have started already. Most funds will front-run these announcements (they are obviously easy to predict), and also have allowances that let them run a long tail (several months) on those orders AFTER the announcement.
All of which is to say, there will be little to no appreciable spike in the SP as a result of this announcement.
They will have started already. Most funds will front-run these...
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Last
$3.40 |
Change
0.055(1.65%) |
Mkt cap ! $1.100B | |||
| Open | High | Low | Value | Volume |
| $3.37 | $3.48 | $3.37 | $1.489M | 435.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 6199 | $3.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.40 | 2553 | 13 |
View Market Depth
| Last trade - 13.48pm 29/07/2024 (20 minute delay) ? |
| NXL (ASX) Chart |