re: Ann: Company Interview. Strong Outlook f... Being dropped...

re: Ann: Company Interview. Strong Outlook f... Being dropped from the ASX200 is clearly not a clear path to a lower sp in the short term.
SBM also was dropped along with KCN. Since the news came out, KCN has climbed from 89.5 to 98 today. SBM has climbed from 26 to 29.5.

Last night after market close, PRU was a surprise late removal as well. Today it is up 11%.

All these gold producers are up at least 10% since being dropped except OGC which is still down around 5%. I think that's mainly due to the others being sold off more aggressively prior to being dropped.

NCM having a rare 10% up day. Hopefully a sign of a decent rally from here for the sector.