BRN 5.56% 17.0¢ brainchip holdings ltd

ASX200

  1. 6,267 Posts.
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    Looking at the market cap as it sits today and the last company on the list in the ASX200, IMU, it looks like BRN has a good chance that it will be reaching the ASX200 in March. I think the indexing happens on the third Friday in March, so expecting I'm around March 18

    https://www.marketindex.com.au/asx200

    Currently, BRN is at ~ $2.8b
    IMU is listed as last right now on the ASX200 at ~$1.7b

    https://www.businesswire.com/news/home/20210315005754/en/BrainChip-Added-to-SPASX-300-Index

    I understand from when BRN entered the ASX300 in Mar 2021, it allowed superannuation funds to increase their exposure to the stock. Is this a similar pattern we can expect to see when it enters the ASX200 - assuming by March it is still eligible? What exactly happens and what benefits/negatives are there?
 
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Last
17.0¢
Change
-0.010(5.56%)
Mkt cap ! $333.0M
Open High Low Value Volume
18.0¢ 18.0¢ 17.0¢ $909.4K 5.192M

Buyers (Bids)

No. Vol. Price($)
60 1274483 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 309093 7
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Last trade - 16.10pm 08/08/2024 (20 minute delay) ?
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