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 ~$1.7b
https://www.businesswire.com/news/home/20210315005754/en/BrainChip-Added-to-SPASX-300-Index
I understand from when BRN entered the ASX300 in Mar 2021, it allowed superannuation funds to increase their exposure to the stock. Is this a similar pattern we can expect to see when it enters the ASX200 - assuming by March it is still eligible? What exactly happens and what benefits/negatives are there?
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Price($) | Vol. | No. |
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