Does anyone know what market cap and other requirements for MTU to be admitted to the ASX 300 are ?
By my calcs MTU is 314th largest market cap on AORD. Inclusion in the indices is not solely based on market cap, so even if MTU goes 6% higher which would also remaining the same push it into the top 300 in market cap it would not necessarily be included.
Give it time, patience is the greatest of all investing virtues.
"The S&P/ASX 300 is rebalanced every six months, with changes taking effect on the third Friday of March and September." for more http://www.standardandpoors.com/servlet/BlobServer?blobheadername3=MDT-Type&blobcol=urldata&blobtable=MungoBlobs&blobheadervalue2=inline;+filename%3DMethodology_SP_Australian_Indices_Web.pdf&blobheadername2=Content-Disposition&blobheadervalue1=application/pdf&blobkey=id&blobheadername1=content-type&blobwhere=1243761077750&blobheadervalue3=UTF-8
MTU Price at posting:
$2.37 Sentiment: None Disclosure: Held
