Australian Vintage still has plenty to celebrate

Australian Vintage still has plenty to celebrate

Winemaker Australian Vintage has lately been the subject of been several major developments. The first was the announcement by S&P Dow Jones Indices that Australian Vintage has been removed from the All Ordinaries Index as part of its March 2015 quarterly rebalance. The All Ordinaries rebalances once a year. While this is non-operational in nature, it is not ideal from a share liquidity point of view and is a reflection of the deweighting of Australian Vintage’s market capitalisation relative to the largest 500 companies listed on the ASX.

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