Replies to post #2245 on Avita Medical Ltd (RCEL)

[risk54]

OK..I think i just figured it out..These are to Aussie indexes that your referring to.......But i still have to add ? to make sure....

[keepsmiling]

It's not an up list like it will with the Nasdaq.

Listed Aust. companies on the ASX get 'rated' based on changes (as they grow or shrink) to their size, volume, turn over, etc, similar to the requirements of the Nasdaq/DowJones. The 're-rate' is by S&P, read the previous announcement when AVH was re-rated in to the ASX500, here

And compare it to the movement of the share price when this occurred.