ncp next stop $9.50, page-11

  1. 11,223 Posts.
    lightbulb Created with Sketch. 1
    Andrew

    Just read the NCP announcement agaiin re the index change there so far is no firm date when this is to happen no doubt waiting on shareholder approval first

    time frame will be 3 weeks notice of NCP's removal from the ASX100, then NCP weibhting on the ASX100 will be reduced by 25% and a futher 25% each 3 months over the next 9 months. At the end of the 9 month period when NCP is removed completely from the ASX 100 on that day it will be entered into the S&P 500

    a Parallel index will be calcualted by S&P during the nine month period

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.