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
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?
BRN Price at posting:
$1.63 Sentiment: Buy Disclosure: Held
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