EVN 1.01% $3.99 evolution mining limited

can evn enter the s&p/asx200 index next week?

  1. 134 Posts.
    EVN is not currently in the S&P/ASX200 index, despite being the 130th largest company by market cap on the ASX (as of last friday's close).

    Standard & Poor's announces their quarterly rebalances on the first few days of March, June, September, & December. Post the merger and capital raising EVN has risen significantly in Market Cap, but S&P also assesses entry into the index with reference to free float (NCM has circa 33%) and sufficient liquidity amongst other things.

    Should find out by sometime next week whether Evolution makes it.

    Cheers,

    Baphomet
 
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