GXY 0.00% $5.28 galaxy resources limited

ASX 200 Re-shuffle

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    What to expect at the next ASX 200 reshuffle
    Data centres company NEXTDC is likely to replace Programmed Maintenance Services in the next quarterly rebalance of the S&P/ASX 200 index on September 16, according to Morgan Stanley.
    Other potential inclusions include Orocobre, Ooh!Media, Infigen Energy, Galaxy Resources and Resolute Mining, while potential exclusions include Select Harvests, Mesoblast, Austal, Village Roadshow and Cover-More Group.
    “Over the past nine years, inclusions have outperformed the S&P/ASX 200 by 4.4% for the period 20 days prior to announcement,” the broker says. “By shorting the exclusion (and long additions) the long/short return over the same period would have been 9.1%, with an 81% success rate of outperformance over the 38 rebalance periods measured.”

    http://www.theaustralian.com.au/bus...n/news-story/bbcb2175c5278b3f434972151989a23e

    Our time is coming!
 
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