re: Ann: ZSP: S&P DJ Indices Announces March ... I'd guess the line in the sand as far as market cap goes, was drawn before PEN's latest rise.
There is also another factor considered for Index inclusion:
Constituents are selected based on their market capitalisation and liquidity. The effect each constituent has on the index value (i.e. numerical level) is proportional to the float-adjusted, weighted average, of the index constituent’s market capitalisation.
Based on our current market cap and recent liquidity - if the line in the sand was today, my guess is that we would have remained in the index.
Not a big deal - I'll go out on a limb (not really) and say that we'll be back in come 20 June.
frogga
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Ann: S&P DJ Indices Announces March Quarterly Reb, page-24
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