Index rebalance is close of business this Friday. Normally you have shorters pile in and cover on the Friday close based on index fund managers who are forced sellers on Friday.
Approx 17m shares to be sold on Friday.
If there is any type of Corp activity it won’t happen until Friday / need to see if anyone steps up. Company doesn’t do itself any favours through zero communication.
AAC
australian agricultural company limited.
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$1.34
AAC - support found, indicators lining up, page-20
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