Yeah will mean some forced buying by some ETF's etc so could see some significant movement.
Downside is that it does open stocks up to more shorting, but that would be risky to short Uranium stocks especially Aura which most would argue is undervalued based on the metrics of Tiris alone.
I remember ADN made the index, got pumped up to 40c (I sold as valuation was close to $1b) and then shorters had a field day back to 2c. In hindsight the run to 40c was orchestrated for that reason.
I too converted my options this week.
Ann: S&P DJI Announces March 2024 Quarterly Rebalance, page-3
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $103.8M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $89.08K | 637.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1112806 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 23984 | 4 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AEE (ASX) Chart |