Hey TTT, Id love to c this included in the index as well.
Cant c it happening in the near future though due to the liquidity requirement for index participation.
Management deliberately held shares to a minimum at float and this lack of availability may have been a driving force for the stellar run in price so far. The flip side to this is that it probably precludes the stock from having a look in to any indexes until either the float increases or the price increases to a point where there is a material increase in transactions.
Took me awhile to see the regulators point when I kept seeing higher valued companies being excluded from indexes. But if the stock is illiquid and is included into an index, forcing tracking funds to buy, then this only creates distortions in company value.
Its all a game and the house has the advantage, understanding this though allows us to even up the odds,
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Last
47.5¢ |
Change
-0.020(4.04%) |
Mkt cap ! $86.09M |
Open | High | Low | Value | Volume |
49.5¢ | 49.5¢ | 47.0¢ | $106.1K | 220.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 27366 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.5¢ | 10378 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17366 | 0.470 |
2 | 6500 | 0.465 |
4 | 27500 | 0.460 |
6 | 13859 | 0.455 |
13 | 106864 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 10378 | 2 |
0.490 | 17900 | 1 |
0.500 | 51 | 1 |
0.510 | 3000 | 1 |
0.520 | 15303 | 2 |
Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
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