Ann: S&P DJI Announces September 2019 Quarterly Rebalance, page-81

I am not sure why this thread has been resurrected, but it stimulated me to look at the ASX 300 rebalance coming up in September.

The market capitalisation of PET is now only $175 million. Among the current ASX 300 I could find only 2 stocks currently lower: Japara at $136 million and Far at $120 million.

Inclusion in the ASX 300 is determined by the capitalisation over 6 months and liquidity, with the next rebalance due on 18 September with the market notified up to a couple of weeks in advance.

The 6 months average would help PET, but even so we would have to be at risk of dropping out of the ASX 300 if the share price does not recover in coming months. Ranked by current capitalisation PET is number 579 among ASX listed shares, though other criteria (such as liquidity) would exclude many larger companies.

A sad stat is that of the current ASX 300 companies only FAR (84%) has fallen more than PET (75%) over the last year.

https://www.marketindex.com.au/asx300

https://www.marketindex.com.au/asx-listed-companies