"will insto's be placing 30m buy orders instead of dumping ?"
Short answer is "yes" but may not be 30m, might be more or less according to their rebalancing requirements.
I think this rebalancing of portfolio occurrs on the third Tuesday of the quarter month, and for companies entering the ASX200 the rebalancing likely will occur in the quarter following the (re)-entry.
I recall the portfolios are rebalanced somewhat in accord with the percentage constituentcy of the individual companies in the asx200. e.g. position 1 might get 16% whereas position 200 might get .023%.
I'm not entirely sure of the facts here, so if some one knows I have got it skewed please correct me.
Stu
CER Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Not Held
