I have done the math - and read the methodology document (there's just a little more to it than free-float market cap).
If Z1P maintains its current share price, there is no way it will be deleted from the ASX300 in the September rebalance. It would need to fall quite a long way with 57 other ASX300 constituents below it. I'd say it's a high probability of being dropped from the 200 in the June rebalance, unless it can turn it around over the next 7-8 weeks.
Daily Price Movement / General Discussion, page-45993
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Last
$2.25 |
Change
0.090(4.17%) |
Mkt cap ! $2.900B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.25 | $2.12 | $26.18M | 11.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 215073 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 240798 | 41 |
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| Last trade - 13.49pm 23/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |