advantage is that lots of "managed funds" state that their fund, for example, shall mirror the returns of the ASX300...other funds chase same returns as the 200, 100 50 and the 20...
only way the funds can mirror each index is by owning some or most of the indexes constituents.
If BRN is entered into the ASX300 some large funds may have no choice but to buy BRN just so their fund mirrors the ASX300 returns.
Tesla SP recently went north just because of this issue when they were listed on the S&P500.
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