IMO its very likely that we will be back in the ASX200 next rebalance, SP has risen 25% since last quarter's low, and that is likely to be a long term low unless bond yields go back up towards their recent highs, so any long term negatives from this rebalance will be reversed.
And as the drop was liquidity driven, it should recover as those shares find a new home, it doesnt effect risk/reward.
IMO its very likely that we will be back in the ASX200 next...
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Last
$2.37 |
Change
0.080(3.49%) |
Mkt cap ! $1.786B | |||
| Open | High | Low | Value | Volume |
| $2.31 | $2.38 | $2.31 | $1.023M | 432.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8797 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 18202 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.38 |
Change
0.080 ( 2.03 %) |
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| Open | High | Low | Volume | ||
| $2.32 | $2.38 | $2.32 | 87232 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| GOZ (ASX) Chart |