If they are included we could see considerable passive money flow in. Back in April/May approximately 10% of the issued capital flowed from retail to institutional hands (see Chalice prezzos). Unlikely to be farsighted prepositioning by actively managed investors. In the eventuality that Chalice is included today some of the above may change hands, but there would be plenty needed from retail to cater for the demand from passive funds. How many? Let's use 15 - 40 million shares as a yardstick, in a week, because they need to be positioned by the following Friday.
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If they are included we could see considerable passive money...
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