All
'bout to head out for a few Saturday night bevvies, thought I'd throw this thought out to HC, see what comes back overnight!
Just had a look on Comsec, it states PRR has a market cap of $314m
So I'm wondering what date the ASX 200 gets re-indexed, and whether this $314m market cap will push PRR into the ASX top 200? My logic is that if PRR is included in the ASX top 200, then the SP and volume should increase because of all the super funds etc that have ASX 200 investments. Ie they likely haven't invested previously due to PRR's market cap being too small for their investment criteria
So... if I'm right then is there likely to be a jump in SP on the day the 200 gets re-set due to the above? Would be interested in the thoughts of someone with more share trading experience than me (likely to be most of you!)
V5
All'bout to head out for a few Saturday night bevvies, thought...
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Last
27.5¢ |
Change
-0.010(3.51%) |
Mkt cap ! $400.0M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.3¢ | 27.0¢ | $1.034M | 3.758M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 98156 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 85523 | 9 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| IMM (ASX) Chart |