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?
Add BRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $502.9M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.5¢ | 25.5¢ | $2.329M | 8.980M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 814890 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 135900 | 4 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |