"The market capitalization criterion for stock inclusion is based upon the daily average market capitalization of a security over the last six months"
Yours is probably the most accurate post in this thread and I bet it gets the least thumbs up. PLS won't be considered for inclusion until June next year, and that's provided it maintains its current market cap.
It's also a wives tale that all these funds are forced to buy any stock that makes it into the ASX200. What I find most concerning is that the first post in this thread, despite all its errors, received over 100 thumbs. That's a lot of people that don't know what they're doing.
http://au.spindices.com/indices/equity/sp-asx-200
ASX200, page-32
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Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |