Came across an interesting AFR article on Clinuvel which mentioned the impact of ASX300:
"You have forced demand when the index funds start buying," says one fund manager who knows the stock. "Momentum comes, then quant funds start buying. And the market cap keeps growing. Then it goes ASX 200, and these stocks just go on a long-dated monster rally."
Full link: https://www.copyright link/companies/healthcare-and-fitness/the-strange-rise-of-clinuvel-pharmaceuticals-20190410-p51cv7
Came across an interesting AFR article on Clinuvel which...
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Last
25.0¢ |
Change
-0.005(1.96%) |
Mkt cap ! $87.44M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 25.0¢ | $13.08K | 51.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 133489 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 25012 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PAR (ASX) Chart |