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From: | "Peter Maiden" <pmaiden@xtra.co.nz> |
Date: | Thu, 8 Mar 2001 06:38:27 +1300 |
That is a bit of
a worry -especially a large exposure for all those who have funds invested with
fund managers.
I wonder if the
NZSE will take the opportunity to have a look at the bottom of the list of the
NZSE participants. There are several companies, who are not included in the
NZSE40 index, with a market cap greater than Advantage's miserly $90M odd
at the moment.
Will these
companies get the chance to be included in such an important index? There are
other criteria besides market cap - such as lquidity etc but I feel that the
list of participants needs to be reviewed.
If so increases
in price for those who might get included in the NZSE40? and further declines
for the likes of Advantage?
Cheers
Peter
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