My understanding is that funds rebalancing their portfolios (relative to the index) is the reason a number of stocks had big bids put on after the bell today, to ensure they are correctly weighted by months end.
Not necessarily stock specific but not exactly bad news either for those stocks if you know what I mean.
Cheers.
My understanding is that funds rebalancing their portfolios...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.27M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 0.9¢ | $341.3K | 34.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5514109 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 952327 | 2 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| EXT (ASX) Chart |