The only way it gets knocked off is if at the time off assessment for market caps it drops below the 200th position as it stands based off of the list from the first of July that would require a further 40%ish drop from where we currently are in order to hit the lowest mcap on the list. In that vein when GXY did make the list onto the ASX200 we saw little to no price movement as a result. All that making it onto the list means is that you join the tracked index funds.
GXY Price at posting:
$1.83 Sentiment: Buy Disclosure: Held
