No point in looking at the raw market cap, it needs to be adjusted by the “investable weight factor” IWF.
Refer to these docs for details of how to calculate.
https://au.spindices.com/documents/methodologies/methodology-sp-asx-australian-indices.pdf
https://us.spindices.com/documents/index-policies/methodology-sp-float-adjustment.pdf
Basically, if 50% of shares are held by insiders and significant shareholders, the market cap will be reduced by 50%.
- Forums
- ASX - By Stock
- SP1
- ISX Maybe included in ASX300 rebalance
ISX Maybe included in ASX300 rebalance, page-9
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SP1 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online