Index funds totally distort the market. They push up the price of big companies and reduce the price of smaller companies. They totally ignore fundamentals. So unprofitable rubbish like Tesla can have a USD560 billion MC while great small companies get sold down.
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IFL
insignia financial ltd
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0.29%
!
$3.49

Extractive, page-26
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Last
$3.49 |
Change
0.010(0.29%) |
Mkt cap ! $2.340B |
Open | High | Low | Value | Volume |
$3.47 | $3.49 | $3.44 | $24.22M | 6.965M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 89566 | $3.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.50 | 40371 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3500 | 3.430 |
1 | 5923 | 3.370 |
3 | 4986 | 3.350 |
1 | 7552 | 3.310 |
7 | 31466 | 3.300 |
Price($) | Vol. | No. |
---|---|---|
3.500 | 25485 | 5 |
3.520 | 10000 | 1 |
3.580 | 3332 | 1 |
3.590 | 14006 | 2 |
3.600 | 4870 | 2 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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IFL (ASX) Chart |