The S&P/ASX 50 (XFL) Index comprises Australia’s large-cap equites.
The index contains the 50 largest ASX listed stocks with the cut-off being a market capitalisation of ~$5billion (AUD). Constituents account for ~62%(March 2017)of Australia’s sharemarket capitalisation.
The ASX 50 is diversified between 10 GICS Sectors. Consumer Discretionary is the only sector not represented.
So I'm definitely part correct min needed is 5 billion MC
But yes i understand other companies are vying for it.
In the 40-50 position I've done a Google search on todays valuation based off the Dec 2020 and here is the info;
40th; orgiin nergy was 8.34 billion last index now 7.8billion
41st; Medibank private was 8.29 B now 8.10 billion
42nd; computer share 7.89 B now 7.87 B
43rd oilsearch 7.71 b now 8.62
44th agl 7.45 Billion now 6.95 billion
Positions 45-50 between 7.4 and 5.2 billion with amp the bottom at 5.29 billion currently and was at 5.36 billion
so I'm 100 percent thme min is 5 Billion MC, argue that and you're just plain wrong. But Andre you have a history of slagging this stock for.months so your credibility is shot to hell.
But yes I'm no expert this they weigh up the averages. Can you showe some hard evidence how they do it because your track record on information/ misinformation has tended to lean towards lies and deception.
Like i mentioned earlier if we can get in the 7.5 billion mkt cap range or above based on the Dec 2020 index we sit well to be included in ASX 50 noting we need a min 5 B MC and to be safe if we are in the 7.5 B plus range we are sitting in 43-44 position give or take
(20min delay)