Ann: ZSP: Arcadium Lithium PLC to be removed from the S&P/ASX 200, page-136

Jeez people. Get over shorts already. They are less than 37 million shares on a 1.270 billion outstanding share issue.

They might typically be 200-400K of a typical trading day, that shows 7 million shares traded on a 90-day average. They are not such a significant influence in MSB volumes for you to repetitively blame on MSB share price falls, all day, every day. Irrefutable mathematical fact.

And do grasp what the ASX200 and related index derivatives including ETF funds actually are, and how they work (particularly the hedging of the associated risk mechanics - hint, hint, the biggest issuers are invariably the biggest stock holders in ASX200 mkts), including the sellers to buys in them and how they will hedge that risk in the underlying stocks (including now MSB). There are very few pure naked short players in the market. If you understand how participants hedge the risk in sold assets (yes, even in an ETF there is a seller to your buy, that will likely hedge or be hedged in some form, or a long getting out), you will understand the ASX200 inclusion is, all things equal, very much a net buying event for MSB (just as its former removal was very much a net selling event), if the timing of, a little murky, Many entities with index risk exposure will have anticipated a forthcoming quarterly addition of MSB to the ASX200 given S&P methodology and likely already have bought - many will have even predicted the addition of MSB in place of Arcadium, it is their job after all).