It's an index fund rebalancing and PPK have a sub $100m market cap.
I think you're over thinking it.
Ann: S&P DJI Announces March 2023 Quarterly Rebalance, page-4
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Last
70.0¢ |
Change
0.010(1.45%) |
Mkt cap ! $62.97M | |||
| Open | High | Low | Value | Volume |
| 70.5¢ | 85.0¢ | 67.0¢ | $332.1K | 437.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 1000 | 1 |
View Market Depth
| Last trade - 15.59pm 05/07/2024 (20 minute delay) ? |
| PPK (ASX) Chart |