Forrest family-backed gold producer Greatland Resources will headline a flurry of additions to the ASX’s most-watched index, a much-needed boost to the miner that has disappointed investors since its high-profile float.
The recently listed stock is expected to join the S&P/ASX 200 index in the upcoming quarterly rebalance to be announced on September 5 and take effect a fortnight later. Its inclusion is expected to attract a flood of money from passive funds that mirror the benchmark.
https://www.copyright link/markets/equity-markets/greatland-resources-clarity-pharma-headline-huge-asx-200-rebalance-20250804-p5mk1r
Greatland Resources, a gold producer backed by the Forrest family, is expected to be added to the S&P/ASX 200 index. This inclusion offers a boost to the miner, whose shares have underperformed since its ASX float. Greatland Resources is a West Australian miner that retains its London listing. The company is focused on discovering and developing world-class gold deposits.The upcoming quarterly rebalance, set to be announced on September 5 and take effect two weeks later, will see Greatland also join the S&P/ASX 300 and Small Ordinaries indices. Despite an initial surge to $7.80 after floating at $6.60 in June, Greatland’s share price has since fallen by 32 per cent due to reduced production guidance and increased cost warnings. Morgan Stanley anticipates that Greatland’s inclusion will drive $162.5 million in trades from index-following investors....
https://www.*********.com.au/2025/08/05/greatland-resources-to-join-asx-200/
Forrest family-backed gold producer Greatland Resources will...
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$5.14 |
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