ASX Today, page-11117

Decided to have a look how close we wilp be for inclusion in ASX 200 in Dec.

I reckon we need to continue the fast ascent we have experienced to even have an outside chance to gain entry to ASX 200 in the Dec rebalance. See reasoning below.

Market cap for inclusion taken from average over prior 6 months. I assume they will use the June - Nov figures.

We need to average $1.185 over the 6 month period to average a market cap of 2.15 bil to equal the market cap of company 200 on the list.

Our average share price over last 6 months:
June approx 55c
July - approx 74c
August - approx 83c
Sept - approx 1.15
Oct - assume 1.50
Nov - Need average 2.34 just to average market cap of 2.15 bil over last 6 months and equal lowest company in ASX 200.

Note, I have only eye-balled the chart and guessed average prices over last 6 months but I think it is close enough and demonstrates how we are running out of time for inclusion in Dec., but we will be good for the following rebalance in March 2022 I believe.
G