In plain english, removed form ASX200/300 which means the hedge funds and sophisticated institutional will avoid investing in AVZ. The big guys only invest in ASX200 and some on ASX300.
The AVZ still can trade on ASX when they re-open just like other non-ASX200/300 companies.
Ann: S&P DJI Announces September 2022 Quarterly Rebalance, page-36
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