"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
"The market capitalization criterion for stock inclusion is...
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Last
$2.84 |
Change
-0.010(0.35%) |
Mkt cap ! $8.507B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.85 | $2.78 | $14.28M | 5.070M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 130420 | $2.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.84 | 5863 | 6 |
View Market Depth
| Last trade - 14.14pm 01/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |