for ASX 200 inclusion it states
Public Float. There must be public float of at least 30%
for a stock to warrant inclusion in the S&P/ASX indices.
could be a problem ,free float usually excludes major holders I thought?
• Liquidity. Only securities that are actively and regularly traded are eligible for inclusion in any S&P/ASX indices.
Not sure about this but at face level volume seems OK 1-2 million daily
long term it looks good.
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