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clock Created with Sketch. 28/11/22
22:16
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Originally posted by hightrax:
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A number of index funds might have bought in when WGX was promoted to the ASX 200 or 300 I forget, a good while back. With the register only now being a relatively small 500m or so, perhaps selling down on expectation of being dropped from said indices? Wild guess. Could be an opportunity to move in. The chart looks like it has formed a bottom of sorts, there seems to be stronger support at the 74-5c level. A lot of funds are not allowed to buy/own anything not in the ASX 200 or 300. Anyone know when the next rating is or has it happened already?
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Could be onto something Hightrax.
(20min delay)