SPL 3.00% 9.7¢ starpharma holdings limited

Substantial holders continue to top up, page-20

  1. 9,185 Posts.
    lightbulb Created with Sketch. 806
    Just so everyone is clear about volume and pricing on and around rebalance days. IMO much of it is not real volume at those prices as there may be swap and option deals at play taht settle on last day and also index speculators trying to sort out their last pip from funds who must transact on market last day etc etc. If you don't understand how swaps and cash settled or adjusted swaps and options work have a read . It allows positions to be opened and closed without teh market risk of not transaction or being squeezed to teh upside or downside.

    So out of teh ASX 300 and a message to all those holdinga light saying there would be no change - there was a change and it is much harder to get back into teh index than many think along with less research in companies outside ASX 300 which regardless of index only funds will stop many funds investing as doesn't meed ASX 300 criteria . Funds may also have rules that must have non ASX 300 companies held after index change off teh books in a prescribed time like 3 months and they ahve to justify holding .


 
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Last
9.7¢
Change
-0.003(3.00%)
Mkt cap ! $40.00M
Open High Low Value Volume
10.0¢ 10.0¢ 9.6¢ $44.81K 460.0K

Buyers (Bids)

No. Vol. Price($)
1 9800 9.7¢
 

Sellers (Offers)

Price($) Vol. No.
9.9¢ 239 1
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Last trade - 15.58pm 17/07/2024 (20 minute delay) ?
SPL (ASX) Chart
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