RSG 0.76% 66.5¢ resolute mining limited

rsg is not in the asx 200, page-3

  1. 2,884 Posts.
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    Quite correct RSG is not in the ASX200 yet, they are in the S&P All Australian 200"

    the only difference between the ASX200 and the all Australian 200 is that ....."the rules do not extend index eligibility to foreign domiciled securities listed on the ASX. This feature allows the S&P/ASX All Australian Indices to be more fully representative of the characteristics of Australian listed companies."

    Given that RSG is in the All Australian 200 they are eligible for the ASX200. The large holdings by instos doesn't matter, S&P's decision has already been made and okayed.

    http://www.standardandpoors.com/indices/sp-asx-all-australian-200/en/us/?indexId=spaustall2audff--p-au----

    They are knocking on the door and I expect we'll see this next quarter if the share price can hold up and particularly if it strengthens from here. fingers crossed on those quarterlies indicating Sept was anywhere near as good in Syama as August. Would also like to see a favourable cash cost forecast with grid power coming online


 
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