No magic price, Patchy has it right, all about the other companies coming in/out.
Also Market Cap is calculated against FreeFloat, so if a director owns 30% then they usually reduce the market cap by 30%
So unless you bother to research a couple dozen other companies, its hard to put a price on the exit point, but most likely it will be out.
https://www.spglobal.com/spdji/en/documents/index-policies/methodology-sp-float-adjustment.pdf?force_download=true
https://www.spglobal.com/spdji/en/documents/methodologies/methodology-index-math.pdf?force_download=true
https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-equity-indices-policies-practices.pdf?force_download=true
No magic price, Patchy has it right, all about the other...
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Last
$2.32 |
Change
-0.010(0.43%) |
Mkt cap ! $438.2M | |||
| Open | High | Low | Value | Volume |
| $2.31 | $2.34 | $2.29 | $679.3K | 293.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4342 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 1034 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |