Bonus BioGroup Ltd. (BBIXF)

[midastouch017]

Herewith a Hebrew article in Israeli Bizportal,
Google translated:

https://www.bizportal.co.il/capitalmarket/news/article/801134?source=newsletter

Excerpts:

The Securities Authority needs to intervene: Companies are running their own stocks to stay in the indices - a Biogroup bonus that has fallen by 40% in the last month as an example
In the weeks before the index update, you suddenly see a 'strange' phenomenon - companies take out a lot of messages and try to take various actions to keep their stock in the indices. What is the reason and why is it problematic for investors?

There were people who sat on this story in prison but this phenomenon is alive and kicking even now and there are companies that operate in an awkward and unpleasant way. Prior to the latest update of the indices, for example, Bonus Group -5.01% forwarded wholesale announcements to the stock exchange: exercise of options of entities, acquisitions of the CEO and stakeholders, announcements of progress in Corona. In three months the company sent 10 notices to the stock exchange, and in the week and a half before the set date? The company issued ten notices. Statistically unlikely. Maybe it's kosher, but it smells bad.


In the end, the Biogroup bonus remained in the index, but for you investors it cost a lot of money. Because the institutional bodies have continued to hold the Biogroup bonus and since the set date, January thirteen, it has plunged by 40%, which is also more or less its return since the beginning of the year. It just shows that all of its apparent attempt to stay in the index in recent weeks may have succeeded for the company - but hurt investors.

As mentioned, this is just an example. Bonus Biogroup is not alone.....

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It is not the article which caused the drop, rather the drop
that initiated this article.
Mind you, the translation is a bit awkward, but you got the drift?