My understanding is out of top 500. By market cap. There is no liquidity requirements for all ords.
ASX100, 200 or 300 have more requirements such as liquidity, weighting adjustments etc.
There may be a couple of funds that allow all ords shares that would have to rebalance (sell) over next couple of weeks but not too many imo.
Most funds have rules such as must only have shares in ASX100, 200 or 300 depending on the fund type. That won't affect us now.
May see a small drop over next 2 weeks but all depends if someone hoovers them up. No expert though.
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