Quote from another forum -
"I found www.marketindex.com.au explained the process well and have a neat summary of frequency as shown below :
ASX 20, ASX 50, ASX 100, ASX 200 - Rebalances occur quarterly (March, June, September and December) on the third Friday of the month.
ASX 300 - Rebalances occur quarterly every six months (March and September) on the third Friday of the month.
All Ordinaries - Rebalances occur annually on the third Friday of March.
The market receives two weeks notice of upcoming changes."
Didn't TNG just drop out of the All-ords? If so this would explain the big sell-off towards the end of the week. No doubt some instos would sell earlier to beat the Friday rush.
Quote from another forum - "I found www.marketindex.com.au...
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $79.46M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.8¢ | 4.6¢ | $29.16K | 633.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1183722 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 163167 | 2 |
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| Last trade - 13.09pm 22/08/2024 (20 minute delay) ? |
| TVN (ASX) Chart |