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prima biomed and it's inclusion to the asx300

  1. 2,306 Posts.
    thanks for your post Orionwoo ...

    ... " Don't know how will the ASX 300 on 19th will influence the share price though. Any one has an idea or reading materials to recommend about the SP movement pre/post ASX 300 "....

    thought a new thread may be appropriate...

    Some brief insights into the ASX300 ... and what does it mean for Prima

    It is quite exciting ... and a landmark step ... now that PRR is being elevated into the ASX 300 ... and it has several implications for the prospects of future investment ' interests' .... mostly here in Australia ... and in the US

    ... The S&P/ASX 300 Index is comprised principally of the 300 largest and most liquid stocks listed and traded on the Australian Stock Exchange

    ... The Index is based on certain criteria regarding listing, size and liquidity and is rebalanced every six months ...

    .... This index is designed to address investment managers' needs to benchmark against a portfolio characterized by sufficient size and liquidity ....

    Prima is due to be officially instated into the ASX300 on 19 September 2011.

    ... before this PRR would have been ' off the radar ' of many institutional investors... off limits ... excluded by their rules and regulations

    now that PRR wil be on an INDEX ... it has several ... exciting implications ...

    ... because investors use indices that are designed to be broad measures of performance...

    ... the use of indices are widely adopted .. and as they are published ... an index they can give stakeholders an understanding of how and where a company fits into the ' big picture '

    ... stocks on the ASX 300 are deemed to be investable.....

    This means that those stocks in the ASX300 must be relatively easily tradeable shares ... liquid .... so that index tracking portfolios can be created...

    ....Shares are generally included in most of the modern Masterfunds or Wrap Accounts in either a superannuation or non-superannuation environment. ....

    ... and these share investments are usually limited to shares in the ASX 300 only ....

    .... most professionally managed share funds are based on the S&P ASX 300 Index .....

    ... for Prima Biomed, an ASX300 listing provides access to a significant and growing institutional pool of funds ...

    ... Australia has the the 4th largest fund management industry in the world underpinned by a government mandated Superannuation (retirement) scheme.

    ... on the ASX300 ... an Australian shareholder base can be established and expanded and will increase the certainty of capital supply should any future capital be required .... which it will

    ... superannuantion managed wraps genrally have a buy and hold investment approach that offers the fund offers investors the potential for tax-effective returns....

    ... and for PPR ... it would tend to lessen the amount of generally traded PRR shares available for intra day trading ... and by making the shares more scarce .. they tend to assist in the share price appreciation on the production of good company news . prospects and / or revenues ....

    ... Being listed as an ASX 300 ( reiterating ... a Top 300 Australian Company ) could not come at a better time for a Nasdaq listing ..... and undoubtedly adds a significant amount of marking ' clout' to PRR's listing cause ....

    .... allowing for additional investor confidence for the future US participants to become involved in our Prima Biomed ...

    ... bring it on
 
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