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ASX300, page-36

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gamblore

995 Posts.

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20/09/19

04:23

Post #: 40487823
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Originally posted by DoubleDown! ↑

So it's not purely based on MC. For example take MGW, VG1 and IAF ranked 249-251 by market cap on the ASX according to your market index site. None of these entities are in the ASX300. I don't know exactly why, but they aren't eligible for inclusion. As a side note Morningstar don't have a recommendation for them either and I'm sure it's for the same reasons.

Best you can do is look at the ASX300 list and sort by market cap (go to ASX300list.com). Then compare the bottom MCs with your company of interests MC and see where it would sit in that list. Remembering that inclusions aren't based solely on MC. So companies in the list with a struggling MC aren't automatically kicked out, and your company of interest is also competing with other emerging and growing companies that are vying for an inclusion too.

Even though according to that index we sit 443 of all listed companies, with a MC of $325m we'd sit 275th on the ASX300 if we were in it.

Expand

Asx300 also based on liquidity. And the MC criteria isn’t at a point in time, but based over 6 months, and also float adjusted.

Full info for all indices here...

https://au.spindices.com/documents/methodologies/methodology-sp-asx-australian-indices.pdf

PCK Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.2¢		Change 0.000(0.00%)		Mkt cap ! $52.39M

Open	High	Low	Value	Volume
3.2¢	3.2¢	3.2¢	$5.469K	170.9K

Buyers (Bids)

No.	Vol.	Price($)
2	44930	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	108791	1

View Market Depth

No.	Vol.	Price($)
2	44930	0.032
3	287786	0.031
2	250000	0.030
2	350000	0.029
2	300000	0.028

Price($)	Vol.	No.
0.034	108791	1
0.035	345000	3
0.036	602857	5
0.037	20000	1
0.038	20000	1

Last trade - 14.22pm 06/11/2024 (20 minute delay)

PCK (ASX) Chart