SPK spark new zealand limited

If its market Cap falls below a point which takes it out of an...

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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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$2.17
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Mkt cap ! $4.099B
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Price($) Vol. No.
$2.18 30616 4
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Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
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