In today’s briefing:
- OZ Minerals (OZL AU): Scheme Meeting in April; Potential S&P/ASX Changes
OZ Minerals (OZL AU): Scheme Meeting in April; Potential S&P/ASX Changes
- The OZ Minerals (OZL AU) Scheme Meeting for the acquisition by BHP Group (BHP AU) will be held 13 April. The stock could stop trading post close on 18 April.
- OZ Minerals Ltd (OZL AU) is a member of the S&P/ASX100 Index and S&P/ASX 200 (AS51 INDEX) so there will be replacements made at the close on 18 April.
- Passive trackers will need to buy a fair amount of stock (with a decent impact) on the potential inclusions and the stocks could outperform over the next few weeks.
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