Gotta is on the money. Indexed funds must take a position in the stock as it enters the index. Quant funds attention will also have been drawn to the stock and since the metrics are attractive, these guys will also have looked to enter. Have a look at trading at other stocks that entered indexes when the larger reweighting occurred.
EL
"demand may be managed/rationed to match supply at a more or less agreed/negoitiated price level which fluctuates with the global cycle"
Please explain - you been drinkin'?
Gotta is on the money. Indexed funds must take a position in the...
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $106.1K | 701.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 260751 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 886610 | 7 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |