Likely ASX 300 Inclusion September

Something maybe overlooked and a highly significant, likely new development for the company and its shareholders.

The company at its present market cap, sits at about the 250th biggest public company in Aust. Previously I think GRR was in the ASX 300 around 2010.....but currently GRR, is not in the index.

Beginning of Sept is close.....and see below from their March 2021 Annual Report, the top shareholders and percentage holding. NOTE and as discussed here a number of times......the GRR register is almost totally devoid of institutional  support.

As most investors are aware.....Mutual funds and active ETF's involves pooling money from different investors to purchase securities. Passive funds will aim to manage a portfolio of securities that replicate the weightings of each constituent of the ASX300. Funds will, ideally, match the returns of the ASX300 before management fees and other expenses.

My words - they would seemingly be potential here for a squeeze, due to the most unusual lack of involvement of funds managers here. The inclusion by S & P is based on market liquidity and market cap. (GRR would seem to well and truly meet these requirements )

It does seem very apparent GRR, will move into the "300" in Sept.

A guess, and just a guess ....is maybe 100 m shares would need to be acquired, for the appropriate mandatory weighting for GRR by Aust fund managers - in the ASX 300.

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1. S&P Dow Jones Indices Announces September 2020 ... - ASX
   
   https://www.asx.com.au/asxpdf/20200904/pdf/44m9wtfhlpg5tf.pdf · PDF file
   4/9/2020 · Quarterly Rebalance of the S&P/ASX Indices SYDNEY, SEPTEMBER 4, 2020: S&P Dow Jones Indices (“S&P DJI” announced today the changes in the S&P/ASX Indices, effective at the open of trading on September 21, 2020. Please note that in this announcement, and for future quarterly S&P/ASX Index Announcements, rebalance changes for the S&P/ASX All ...

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ORDINARY SHARES Twenty Largest Shareholders as at 9 March 2021. The twenty largest holders of ordinary fully paid shares are listed below: Name Number

Shagang International Holdings Ltd (Hong Kong) 554,762,656 47.9

Pacific International Co (Hong Kong) 77,531,005 6.7

Realindex Investments Pty Ltd (Australia) 26,751,258 2.3

DFA Australia Ltd (Australia) 16,855,497 1.5

RGL Holdings Ltd (Hong Kong) 16,385,466 1.4

JP Morgan Securities (Australia) Ltd (Australia) 14,369,531 1.2

ABN AMRO Bank NV (Netherlands) 13,474,381 1.2

Mr Gary and Mrs Susan Sadler (Australia) 11,450,000 1.0

Morgan Stanley & Co. International Plc (United Kingdom) 9,772,825 0.8

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