yes i saw that the other day and thought the same thing. Many fund managers would have seen that coming due to MC being so low and most likely sold out before the announcement in preparation for it. Cut off is 120m MC so this could explain why such a big sell off once it went below 120mc.
13.5c was the 120m MC. Management is going to have to work hard to get it back in the index.
LVT Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
