Within the ASX 200, Yancoal was flagged as a potential replacement for Altium.Yancoal's inclusion into the ASX 200 is based on an assumption that its investable weight factor (IWF) is greater than 30. The IWF is a metric used to determine the portion of a company's shares that are available for trading on-market."If added, we estimate Yancoal index weight to be circa 11.9 bps based on a float-adjusted market capitalisation of $2.7 billion, with estimated value to trade of $123.4 million from index trackers that follow the 200," the report said.This inclusion could also drive additional passive demand across the ASX 300 and Small Ords (if added to the 200) as Yancoal is currently not a member of these indices.If the IWF assumption of 30 is wrong, then the analysts believe Zip is best-placed to make its return to the ASX 200. If added, this could see $72.8 million in passive demand
- Forums
- ASX - By Stock
- Should be at least double
Within the ASX 200, Yancoal was flagged as a potential...
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add YAL (ASX) to my watchlist
|
|||||
Last
$5.24 |
Change
-0.155(2.88%) |
Mkt cap ! $7.037B |
Open | High | Low | Value | Volume |
$5.39 | $5.42 | $5.20 | $10.00M | 1.893M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 20197 | $5.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.24 | 6863 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2705 | 5.240 |
25 | 27962 | 5.230 |
11 | 24347 | 5.220 |
10 | 25409 | 5.210 |
22 | 36430 | 5.200 |
Price($) | Vol. | No. |
---|---|---|
5.250 | 25256 | 20 |
5.260 | 19234 | 14 |
5.270 | 6293 | 6 |
5.280 | 3165 | 4 |
5.290 | 6900 | 5 |
Last trade - 12.34pm 11/09/2024 (20 minute delay) ? |
Featured News
YAL (ASX) Chart |