SPK spark new zealand limited

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

  1. 5,371 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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(20min delay)
Last
$2.14
Change
-0.030(1.38%)
Mkt cap ! $4.043B
Open High Low Value Volume
$2.18 $2.19 $2.13 $4.430M 2.061M

Buyers (Bids)

No. Vol. Price($)
3 30000 $2.13
 

Sellers (Offers)

Price($) Vol. No.
$2.15 34843 6
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Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
SPK (ASX) Chart
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