Syrah currently sits at #670 on the ASX in terms of market cap. Is it pretty much a done deal that Syrah will be out of the ASX300 when it is re-balanced on June 22?
I know that inclusion in the ASX300 is not entirely based on market cap, but I can't quite work out where Syrah sits if all the inclusion / exclusion criteria are applied.
Also, resolution 9 in the AGM was withdrawn because the company is still in the ASX300. I interpreted this to mean that the company proposed the resolution in the first place on the expectation that they were going to be booted out if the rebalance went ahead in March.
Syrah currently sits at #670 on the ASX in terms of market cap....
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Mkt cap ! $287.1M | |||
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