fireblade,sorry I meant the 40% owned by Kalahari.Here is the...

fireblade,

sorry I meant the 40% owned by Kalahari.
Here is the document from Standard and Poors:
http://www2.standardandpoors.com/spf/pdf/index/SP_Australian_Indices_Methodology_Web.pdf

In particular this bit for ASX200:

The market capitalization criterion for stock inclusion is based upon the daily average market capitalization of a security over the last 6 months. The stock price history (last 6 months), latest available shares on issue and the Investable Weight Factor (IWF) are the relevant variables for the calculation. The IWF is a variable that is primarily used to determine the available float of a security for ASX listed securities.

Investable Weight Factor (IWF). A stock’s weight in an index is determined by the float-adjusted market capitalization of the stock.

Shares owned by founders, directors of the company, trusts, venture capitalists and other companies are also excluded. These are also deemed strategic holders, and are
considered long-term holders of a stock’s equity. Any strategic shareholdings that are greater than 5% of total issued shares are excluded from the relevant float.


Joel