@faruque asks "
is it true that GXY is going to be out of ASX200 from next Q?"
According to the index methodology doc published by S&P and looking at the present ranking, GXY sits well below the buffer zone for deletion from the ASX 200, but it isn't always that simple. For example SDA is/was even further down, but survived, perhaps due partly to the communications services sector being quite thin and the index committee may have preferred to keep the industry representation despite being a deletion candidate. In GXY's case though, there are already lots of mining companies already in the ASX 200 so I doubt that it would be kept in on industry representation grounds if its ranking remains where it is. The other consideration is the availability of promotion candidates that meet or exceed the addition buffer requirement. On a raw snapshot, three stocks (AVH, EML and MP1) have a high enough weight _today_, but the decision is based on 6 months of trading, not a daily snapshot of where the float-adjusted market cap sits.
It's still early days for the quarter: corporate actions elsewhere in the ASX 200, but preferably share price appreciation may save GXY from relegation. Alternatively, it could be taken over, though it would be unusual to have a transaction complete in time. As it stands right now, I'm guessing it is more likely than not to be a deletion candidate in December.