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ISX Maybe included in ASX300 rebalance, page-9

  1. ZMan
    3,600 Posts.
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    15/07/19
    11:28
    Post #: 39521713
    No point in looking at the raw market cap, it needs to be adjusted by the “investable weight factor” IWF.

    Refer to these docs for details of how to calculate.
    https://au.spindices.com/documents/methodologies/methodology-sp-asx-australian-indices.pdf
    https://us.spindices.com/documents/index-policies/methodology-sp-float-adjustment.pdf

    Basically, if 50% of shares are held by insiders and significant shareholders, the market cap will be reduced by 50%.
    ISX Price at posting: 69.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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