TNT Chart, page-911

Entry criteria

	Criterion	What is it	Qualify	Retain membership
1	Minimum free float	The percentage of the company’s shares that are freely available for trading e.g. not held by strategic or other long-term holders	30%	15%
2	Market capitalisation	Float-adjusted for “free float” (see above)	$120m	$80m
3	Relative liquidity	The company’s stock liquidity (daily value traded over day-end float-adjusted market capitalisation) relative to the market liquidity (All Ords daily value traded over the All Ords day-end market capitalisation) averaged over the three-month qualifying period	30%	15%
4	Minimum daily volume traded	Value of securities traded, average over the three-month qualifying period	$120k	$80k

*In addition to the GICS classifications companies must meet the above requirements.