Index Maintenance
The S&P/ASX 300 index is rebalanced twice a year, on the third Friday of March and September.
Unlike all other S&P/ASX indices, if a company is removed from the S&P/ASX 300 intra-quarter a replacement is not added until the next rebalance.
Why the interest in the ASX300? - because most super funds will only allow trading amongst companies listed within AXS300.
It would appear that any of the following companies are to be dropped and replaced by healthier stock on Friday 20th Sept, 2019.
ARQ Group Ltd, LNG Liquefied Natural Gas, MLX Metals X Ltd, SEA Sundance Energy, CL1 Class Ltd, AJM Altura Mining Ltd, NCZ New Century Resource.
Which stock may be added?
