SP went south and being taken off indices is a result of that.
If Bionomics share price improves it may rejoin the All Ordinaries and the ASX300 in the years ahead. We can only hope.
Being part of indices gives greater liquidity and visibility. Doesn't affect the day to day running of the business but if funds need to be raised it's easier if you have a greater pool of shareholders to draw on.
SP went south and being taken off indices is a result of that....
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