Be careful what you wish for.
Once you get on an index you don't want to get off. Everyone celebrates when their stock gets included on an index or climbs to a higher level, partly because of the benefits of new buying from institutions and partly from the higher visibility and prestige, and simply because it is a demonstration of the company growing. But it's a dangerous thing. If you can't hold your position you lose the benefits and are viewed as a failure, and the insto dumping is nasty. You end up worse off than if you never made the index. This is why you get one or two rebalancings of grace even if you stop qualifying. Really they probably should requite companies to qualify for inclusion for longer before being added to an index, but people get upset if they qualify and aren't included (even though it's not as often in tbeir best interests as they think). Hopefully before the next rebalance we get some of our anticipated developments and our market cap is sufficiently boosted. With any luck we'll manage it.
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.32M |
Open | High | Low | Value | Volume |
3.9¢ | 4.0¢ | 3.8¢ | $131.9K | 3.384M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 872154 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 990329 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 872154 | 0.038 |
5 | 730581 | 0.037 |
25 | 2570708 | 0.036 |
25 | 2584608 | 0.035 |
6 | 1226910 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 990329 | 8 |
0.041 | 670500 | 6 |
0.042 | 998817 | 10 |
0.043 | 1577500 | 3 |
0.044 | 1316726 | 8 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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