Looking back at when BRN was included in the 200 there was massive volume from index funds buying in, and a significant rise in SP even up to market close (prior to the rebalance).
I would say the opposite is more likely to occur if they were removed from the index, but I don't think there are any certainties.
BRN to be removed from ASX200?, page-6
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Last
17.3¢ |
Change
0.003(1.47%) |
Mkt cap ! $333.6M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.8¢ | $1.276M | 7.508M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 687348 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1630625 | 53 |
View Market Depth
| Last trade - 12.21pm 28/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |