E25 0.00% 29.0¢ element 25 limited

Ann: Utilisation & Termination of Controlled Placement Agreement, page-32

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  1. 632 Posts.
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    Nah, thats what happens when you do things at night. The list we will both be looking at will be the top 300 stocks by market cap. The ASX300 doesn't include companies that own shares in other companies, i.e ETFs, LIC,s etc , so you have to take all of them out, and in the top 300 by market cap theres a lot.
    The smallest stock to get admitted in the last rebalance was MMM, unadjusted mkt cap of just over $600m, so they rank atm #374, but to get into the ASX300 they had to rank #274 or better float adjusted, so they are somewhere around the cusp and thats somewhere around the magic number, low $600's.
    The companies that dropped out the bottom mostly had mkt caps in the 300's and 400's, but have to remember its all free float adjusted, so without access to the database there is a fair degree of guesswork!

 
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