ZIP 5.04% $1.70 zip co limited..

Ann: Q3 FY22 Results - Zip Accelerates Path to Profitability, page-44

  1. 270 Posts.
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    Why is ZIP still in ASX200? Mcap $850m puts it at rank ~380's on ASX. Next rebalance it will be turfed out of both ASX200 and 300. Not sure why it didn't get dumped on March rebalance, maybe it just scraped by the ASX200 floor.

    What happens next rebalance in June when ZIP is removed from both ASX200 and 300 and index tracking etf's like VAS, A200 and IOZ (which are a good % of the ASX) have to mercilessly sell?

    CORNBRED
 
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