A2M gains entry into the ASX 200 Index effective 20 March 2017.
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A2M gains entry into the ASX 200 Index effective 20 March 2017.
Correction All Australian 200 ASX200 index. Index tracking funds will be buying. When in gained entry into the ASX300 index we saw a significant move upwards in price. This doesn't guarantee an increase in price this time but I would think on the balance of probabilities...
Sorry Snoopy I haven't got time this morning to debate the issues with you, happy to follow my own snout on this one.
Thanks BP - so I guess their inclusion in this index is to do with their Australian listing. How many Australian investment funds track the All Australian ASX200 would be something that I guess we'll see played out over the next week or two in terms of its effect on the SP, (if any).
Probably won't make any difference as Aussie based Insto's are already all over this stock, can't see any compulsory rebalancing having to occur.PS-Probably made this index because of its large Aussie shareholder base(The Aussies know how to claim good NZ things as their own aye)
1/. I have tried out simplywall.st and the 'fundamental analysis' it provides - I am totally unimpressed.
2/. A PEG ratio of 1 suggests the price is right for the EPS growth and 'the newbies' should look up references to this themselves in reliable online sources rather than believe posters round here [Tigers excepted :)]
Best Wishes
Paper Tiger