J.P. Morgan issued a Quantitative Research piece dated 12th September,looking at the impact of all the changes to the various S&P ASX Indices.
For PRR, they estimate the weighting will go from present Zero to .021% of the ASX300 Index.
Their estimate is for some 25,177,000 shares to be purchased as a result of the uptake requirements.
(Mod pls note: no copywrite embargo applicable as this research is sourced from S&P/ASX, Iress.)
Sorry I can't post the article here as it's a very large (4 page) table on PDF.
Extract:
"Changes are effective before the open on Monday 19/Sep/2011. The last trading day before the index changes take effect will be Friday 16/Sep/2011."
Cheers
K
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