NEU 1.10% $13.76 neuren pharmaceuticals limited

Ann: S&P DJI Announces September 2023 Quarterly Rebalance, page-44

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    I've not been part of a company that's gone into the ASX200 before. There's been some chatter about what might happen over the next few weeks/months because of NEU's inclusion. Thought it might be interesting to look at what has happened to companies in the same boat recently. In the March 2023 rebalance, 4 companies were announced as being included in the ASX200 (there were no changes to the ASX200 in the June rebalance):
    https://hotcopper.com.au/data/attachments/5559/5559667-7878b878c1dd4c67e8f28b7b6c770615.jpg
    I've put each of their charts below, with the first month of trading from their inclusion from being announced highlighted in yellow (March 1- April 3). None of these companies had any real kind of boost from inclusion in the 200, and indeed Syrah Resources has just been removed 3 months later..
    https://hotcopper.com.au/data/attachments/5559/5559668-d2d42ef15b91e71def0e581c7d169087.jpg
    https://hotcopper.com.au/data/attachments/5559/5559669-d36022ddaec5df215dd328d5603e8a27.jpg
    https://hotcopper.com.au/data/attachments/5559/5559671-0e462420c1e37a8dd936361f9beaa30c.jpg

    https://hotcopper.com.au/data/attachments/5559/5559680-ad65409bfb4a3fca7592841e5baad037.jpg

    Obviously none of these companies is Neuren, and I'm not across any of their fundamentals whatsoever, but for those hoping for a nice boost to our SP because of our inclusion in the ASX200 (I was excited), well, it didn't seem to do much for these 4.


 
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