ASX 300 addition dates

Hey again people!

For some reason couldn't reply again so fyi

- Next ASX 300 addition date for S&P indices is September

- ASX 300 min small cap is $49m (yes really) average around $120m

- 6 month weighted average 1pg is around $208m and meets the other liquidity/inclusion requirements

- Positioning before any potential inclusion could account for some bot activity recently (but who knows).

So now we face a new binary outcome

1 - Gets indexed and gets ETFd - a glorious outcome as many institutions now on board

2 - Gets indexed and gets ETFd and then does not hit its targets - a less than glorious outcome as those institutions bail

So investment thesis de jour is now to focus on quality of revenues not quality of story.

Laters!