RE: Greatland Resources to Join ASX 200 - Share Cafe5 Aug 2025 07:37
AI …… “If index funds buy 4% of Greatland Resources (ASX: GGP), with a market cap of AUD 3.5 billion and a daily trading volume of 2.8 million shares (AUD 14.62 million at AUD 5.22 per share), the share price is likely to increase by 4–8% over the buying period (1–2 months), resulting in a price range of AUD 5.43–5.64. If buying is concentrated or sentiment improves, the impact could reach 10–12% (AUD 5.74–5.85). For further precision, please confirm the current share price or if “2.8 million” refers to shares or AUD value.”
So where will they get $163mill worth of shares from? Not me. are you going to sell yours? How high does the price have to rise to tempt sellers?