So my example calculation was wrong. That means last year there were plenty of companies from All Ords whose market cap fell under $90 mil and allowed a company like ADJ with a market cap of $90-100 mil to enter All Ords, while this year there were plenty of companies out of All Ords whose market cap grew in excess of $180-$200 mil which kicked out companies like GBT with current MC of $163mil or ISD with current MC of $180 mil.
The question mark remains when the period of calculation is...our SMN has not got any chance with a MC varying between $107-$120mil during febr-march 2018
Brokers have enough computing resources and can look at all companies listed on ASX and see their MC and go long or see the lagging ones from All Ords and go short
SMN Price at posting:
$1.07 Sentiment: None Disclosure: Held
