NEU 0.00% $17.09 neuren pharmaceuticals limited

Acadia, page-443

  1. 1,391 Posts.
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    I haven’t looked at liquidity. I don’t understand how to calculate it (even after rereading the methodology several times) and also where to get the information.

    I believe the buffer mechanism of the market capitalisation was the cause last quarter. Companies that are in the ASX200 have to drop below 221 in the listing of eligible companies on a 6-month average before being removed. If a company is eligible to be removed then they will look to companies outside the ASX200 that have climbed to 179 to include.
    From my quick review last quarter no ASX200 company dropped below the 221 and we were somewhere in the 180’s
    Last time I reviewed our position in the list we were 175. I’m still standing by the prediction I made a few months back of the four companies to be removed and the four to be included.

 
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