on the flip side of LKE being removed from the ASX200, the majority of stock that the index funds lend out to short sellers ( currently around 120 million shares) will have to be re called, so yes index funds will have to sell , but that will most likely be off set by the short sellers who will have to buy back there shorts.
Ann: S&P DJI Announces September 2023 Quarterly Rebalance, page-59
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Last
4.0¢ |
Change
-0.003(6.98%) |
Mkt cap ! $66.52M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 3.9¢ | $753.4K | 18.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 731925 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 760271 | 12 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |