Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What happens if a new Company enters the ASX Top 20?

ASX COMPANY happens
0
Posted

What happens if a new Company enters the ASX Top 20?

0

The key benefit of the BlueChip20 strategy is the ability to constantly accumulate a direct share ownership in Australia’s top 20 companies. When the market capitalisation of a company increases, such that it becomes one of the top 20 stocks, it will be automatically purchased for you. The shares in the company it has replaced will be sold, with proceeds reinvested into the new company.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.