If you didn’t realise that being listed on the All Ordinaries index was a mark of success, highly competitive and not at all ordinary, you’re not the only one.

The All Ordinaries, run by S&P Dow Jones Indices LLC, they themselves a joint venture between S&P Global, the CME Group, and News Corp, is the index of the biggest 500 companies on the ASX. The market capitalisation of these companies works out to over 95% of the value of all the shares listed on the exchange. The All Ords is reviewed every quarter, and this time Southern Cross Austereo (SCA) has dropped off the list, meaning they are no seen large enough to qualify. Southern Cross Media Group share prices today are hovering around 67 cents. ARN‘s by comparison were up 4% today to 64 cents.

This comes after SCA released their half year results to December 31, 2024 on February 26, showing improvements in both operating and financial performances and the now completed sale of their TV assets to Australian Digital Holdings.