give it a rest, page-25

Hi Aka first time behind a comnputer in a few days. Yes, dropping out of the all ords isn't good but does anyone really know how bad? Mr Market certainly didn't react much on Friday and I suspect you may correct, the rebalancing (and the date on which it would happen) was entirely foreseable (after the PFS SP fall). Some (most?)selling may already have occured in anticipation. That said, not all instititutional shereholders are index funds and many have been holding since when Pluton first listed. Clearly they are focussed on the projects NPV, which even with the most conservative assumptions still arrives at a share value many multiples of the current share price. I would suspect that by the time the rebalancing finally takes place, it will have minimal further effect on the sp.