Wonder what the Index impact is going to be when NCP is removed...

Wonder what the Index impact is going to be when NCP is removed from the Consumer Discretionary index some time down the track ?

VRL is the most only other example of a stock with exposure to film production on the ASX.

Unsure how much of an impact this will have. Buyback Mark I and II seems to be underpinning the price of both ords and prefs fairly well. The further reduction in shares on issue will be a positive for the underling asset value of the remaining VRL and VRLPA.

Haven't sold and still watching