STX 4.44% 21.5¢ strike energy limited

@pjfThe ASX 200 exit has not been announced yet, but we can be...

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  1. 8,745 Posts.
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    @pjf
    The ASX 200 exit has not been announced yet, but we can be pretty certain (unless the share price spikes 50% next week).
    The September quarter rebalance will be announced early September and become effective later in the month.
    https://www.marketindex.com.au/rebalance-announcements

    In a previous post, I had a look at a few recent companies that exited the ASX 200 and MSCI, and it seemed (based on a small sample size) that the MSCI index exit was much more important in terms of reducing the reported shorts.

    I'm not sure if this is generally the case. But it seems the big international investment funds use the MSCI more than the ASX 200 index for allocating their funds, and that comes with all the associated bot and shorting activity (as we've seen).

    Here's the post in question. Remember the three companies I looked at were in the lithium space (hence the subsequent uptick in reported shorts following exit from both indices i.e. because the lithium price is in the toilet)

    https://hotcopper.com.au/posts/75373679/single

    Last edited by invertedva: 30/08/24
 
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