Well done Core on getting into the ASX300.
Based on DEG getting included into the ASX200, inclusion does not need a >200 ranking!! One thing DEG has going for it that Core doesn't yet is maintaining a high market cap for an extended period. S&P considers average market cap's over time, not just the current market cap at the reset date. Every day CXO continues to trade around $1, its average market cap will increase for the next reset assessment.
I was surprised to see SPK removed from the ASX200, but its probably for liquidity reasons. Yahoo finance puts their daily volume at 1.2m shares or only $5m/day. As context, Yahoo finance puts CXO's average daily volume at 23.4m shares. Even after adjusting for relative share prices is many times SPK's volumes.
Ann: S&P DJI Announces March 2022 Quarterly Rebalance, page-23
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Last
9.3¢ |
Change
-0.005(5.10%) |
Mkt cap ! $198.7M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.0¢ | 9.3¢ | $3.295M | 34.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 365887 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 883409 | 8 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |