Absolutely right Wedgeman,
Most fund manager have algos that predict what stocks will be included/excluded from the ASX300,200,100,50.
They will then buy or sell accordingly, before notification that that particular stock is admitted to the relative index.
Spozzie
Ann: S&P DJI Announces March 2021 Quarterly Rebalance, page-36
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.8¢ | $382.1K | 7.853M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 8072405 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 668099 | 5 |
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| IMU (ASX) Chart |