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06:11
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Originally posted by WhatsTheTip:
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ASX300 is the first of the bigger index's that is a possibility, however its a long way off as a market cap of around A$1b is needed for inclusion when S&P does its rejuggling. The threshold also moves with the market so in a few years could easily be A$1.2b market cap threshold. S&P rules also factor in liquidity so large companies with a tight share register may need an even higher Market cap. With 153m shares on issue there is no immediate possibility of inclusion and even at $6, E25 would still likely be below the inclusion threshold.
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Thank you for the quick clarification, WhatsTheTip!So there is still a long way to go before inclusion in such an index and it takes a long time.
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