Thanks for that. Looks like I've messed this up and was wrong about GMA not being in the ASX300. I'm grateful to have my understanding corrected!
I'm no expert on the S&P ASX Indices, but would happily be schooled by those that are familiar. I vividly recall 18/9/20 when the shares hit 1.33 on significant volume. I presumed it was something to do with the ASX 300 Index rebalancing which took effect the next trading day. I'd love to know, as the ASX 300 is a market cap weighted index, does this weighting rebalance daily or only periodically?
One other thing I gathered from the list in the link you provided, after sorting by market cap, is that Genworth may actually be close to to the ASX200. Happy for others to provide guidance on whether this is a realistic near term possibility.
Thanks for that. Looks like I've messed this up and was wrong...
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$3.79 |
Change
-0.030(0.79%) |
Mkt cap ! $1.100B | |||
| Open | High | Low | Value | Volume |
| $3.83 | $3.87 | $3.74 | $3.244M | 858.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1137 | $3.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.79 | 10149 | 3 |
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