ISX Maybe included in ASX300 rebalance, page-5

Selection Criteria

A security must be listed on the ASX and be an ordinary or preferred equity stock (e.g. no bonds or warrants etc.). Its average daily market capitalisation for the previous six months must be considered institutionally investable and meet a minimum benchmark size. Liquidity must be adequate and its public float (shares not owned by company founders, directors, government agencies etc.) must also meet a minimum requirement.

Note: The above criteria are for inclusion into the index and not for continued membership. As low index turnover is important, a security in the index may on occasions violate one or more of the selection criteria without being removed.

- A security must be listed on the ASX and be an ordinary or preferred equity stock (e.g. no bonds or warrants etc.) TICK 1 point

- Its average daily market capitalisation for the previous six months must be considered institutionally investable and meet a minimum benchmark size. if the MC remains stable to its Current 780M it will average around the 630M mark. which is comfortably within the current 300 companies. right now that would sit around rank 230/300. somewhere around Flexigroup ASX:FXL or Australian Pharm ASX:API. he benchmark is not Listed on the site I referenced but i checked what the some others companies were looking like when included and they were in a similar position to ISX. ISX looks well positioned in this criteria. Probable TICK 1 point.

- Liquidity must be adequate and its public float (shares not owned by company founders, directors, government agencies etc.) must also meet a minimum requirement. Bit more to think about with this criteria. Large amount of stock held by founders and company. liquidity not high but should be adequate. possible TICK ( HALF TICK ) depending on further comparison. 0.5 point

So if ISX continues on its current MC id say it is more likely than not to be included 2.5/3. IF the 4C doesn't delivery to expectations the MC may be affected and it is less likely but probably still 1.5-2/3. If it continues the growth trajectory and there is an improvement in MC to 850-900MC and daily turnover increases, + options are executed then once again more likely 2.5-3/3.