It's not just market cap that determines entry/exit to the indexes. I wouldnt be surprised if this one took a little longer to get back on the 200 index. Will depend on liquidity and stability of the SP also, i.e. MC will need to be sustained for a period of time before re entry. IMO I wouldnt be surprised if MRM was not in SP ASX200 even if they have a MC over 800-1000 million. I think A2M have a MC around 1billion and they have only just been admitted to the 300 index. MC/SP alone will not determine it.
MRM Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held