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0.00% $2.20 oceanagold corporation

Well RajputWhen a company is added to S&P all fund mamanger need...

  1. sircorp
    13,234 Posts.
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    26/04/09
    18:47
    Post #: 5054453
    Well Rajput


    When a company is added to S&P all fund mamanger need to add it to their portfolie to follow the S&P Index. It is a basic rule.

    However when a company is removed from S&P it get dumped badly by all those who follow S&P index.

    Have a look at CFU. CFU got removed from S&P and it has dropped from 1.30 to 0.062 cents (obviously slowly slowly).

    JUST LIKE "ALL ORDINARY" S&P is a fundamental tool.
    OGC Price at posting: 75.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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