There’s also the pending removal of IMU from the ASX200 and possibly also ASX300. I have a theory the shorters are keeping the price down with the anticipation of being able to pickup the “replacement” shares cheaply when the index funds offload IMU on the rebalance in a few weeks on 17/6. We’ll have to wait and see what happens but I wouldn’t be surprised if the brakes are released by the end of June.
Media Thread, page-5603
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Last
6.4¢ |
Change
-0.005(6.62%) |
Mkt cap ! $499.7M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 7.1¢ | 6.2¢ | $2.817M | 43.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 2383959 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 997657 | 10 |
View Market Depth
| Last trade - 13.36pm 03/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |