Village Roadshow, Prime Media and NZME fall off the ASX200 and ASX300 lists after poor performance
Village Roadshow has been removed from the ASX200 list while Prime Media and NZME have been removed from the ASX300 due to the recent performance of the three companies.
The ASX200 contains the top 200 ASX listed companies by way of float-adjusted market capitalisation while the ASX300 contains all ASX200 companies and 100 smaller-cap shares. The lists are compiled by financial ratings company Standards & Poor’s.
The three companies will all drop off the lists as of September 16 as a result of the September quarterly review.
Village Roadshow (ASX: VRL) has seen its share price struggle in the past week, dropping from $5.26 on August 24 to $4.77 on August 25. At time of publication it had a share of $4.61, with the company reporting a market capitalisation of $742.69m.
