rsg is not in the asx 200

A couple of people are posting that RSG is in the ASX200 - this is not the case!

RSG has been recently included in the "S&P/ASX All Australian 200" index. This is a massive difference and the level of institutional buying between this index and the ASX 200 is massive.

In its present form RSG will probably never be admitted to the S&P/ASX200 index, even if theie market cap became big enough, because there is not a large enough 'free-float' of RSG shares.

You can look up the exact definition and cut-off thresholds for free-float, but for the layman it basically means that an eligible ASX 200 candidate requires enough freely available shares on its register so that insto's and index funds can move large amounts of stock into and out of the company quickly and easily with little disruption to the share price - if there are a lot of shares secured by large &/or strategic &/or family/private interests then their won't be enough depth and liquidity freely available. Circa 78% of RSG shares are tightly held by half a dozen insto's, and their is no way (in my opinion) that Standard & Poors would allow a company with this shareholder structure into their premier index.

Baphomet