Let's remember the purpose of an index - it isn't to instruct index funds to buy a basket of securities - it's so that one can take a snapshot of market activity down into a single number - relative liquidity is the valuable part, market cap is just used to remove outliers from consideration. Index funds buy the basket of security, but they are best considered as a side-effect of these indexes.
SFG Share price jump. Massive potential, page-186
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 (20min delay)
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $12.09M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $393 | 210.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 120069118 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 1540457 | 10 |
View Market Depth
| Last trade - 15.58pm 03/12/2024 (20 minute delay) ? |
| SFG (ASX) Chart |
