SPK spark new zealand limited

SP dropping below $4.00 hurts, page-154

  1. 5,368 Posts.
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    If its market Cap falls below a point which takes it out of an MSCI world index it'll eventually result in forced selling from a range of ETFs as it's no longer within their mandate. Given ETFs are now such a big portion of the market that's potentially a very meaningful amount of volume.

    I care insofar as it may result in a large overshoot on the downside as the ETFs progressively need to sell down. I'm still sitting at a third-half of a position waiting for this downside trend to play out.
    Last edited by optimistus: 19/10/24
 
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Last
$2.17
Change
0.030(1.40%)
Mkt cap ! $4.099B
Open High Low Value Volume
$2.18 $2.19 $2.16 $2.500M 1.149M

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No. Vol. Price($)
2 3925 $2.16
 

Sellers (Offers)

Price($) Vol. No.
$2.18 46007 6
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Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
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