I posted this on the ASL thread earlier in the week and thought it might be of interest to NRW peeps as well. Keep an eye out for this Friday when I think the S&P will announce any changes to the indexes -
I had a thought over the weekend (maybe it was just wishful thinking) - that there has to be a chance that the likes of ASL and NWH being included in the March ASX Index rebalances. For ASL - the increase in mkt cap and liquidity as a result of the recent sell-down might be enough to get it over the line and into the ASX 200 - I think the rebalance news will comes out one week before that rebal and the actual rebalance is completed on the third friday of (in this case) March ie the 15th of March. So we may get some news on the proposed changes on Friday the 9th. DYOR. Cheers
NWH Price at posting:
$1.60 Sentiment: Hold Disclosure: Held
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