AGM 0.00% $1.60 australian governance & ethical index fund

Priest,Are you totally dumb or what...???????Re-read my post...

  1. 2,842 Posts.
    Priest,

    Are you totally dumb or what...???????

    Re-read my post again, note I said ASX50 NOT ASX200...I do know the difference....ffs FMG and LEI are already in ASX200 index

    "Muzza, I hope you will now apologise" nope but i hope you will now, if u any guts...

    I never said it was a simple market capitalisation, but the ranking is a very quick and dirty way of seeing if it might have a chance. You then have do set down and do the exact calculations, for which I have Excel spreadsheet design to exactly what S&P do. as per below:

    From S&P website:

    "The market capitalization criterion for stock inclusion is based upon the daily average
    market capitalization of a security over the last 6 months. The stock price history (last 6
    months), latest available shares on issue and the Investable Weight Factor (IWF) are the
    relevant variables for the calculation. The IWF is a variable that is primarily used to
    determine the available float of a security for ASX listed securities."

    So I do know what I talking about...and I look forward to reading your apology to the thread and to me.

    Cheers
    Muzza

    PS:Oh and was AGM included in ASX200 index.....???? I was 100% right i noticed you did even mention that I was spot on.

 
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