Swap,
We also need to be aware CNP comes out of ASX 100 on 20/6/2008. Some fund managers required to sell may have sold before 20/6/2008, but suspect we are going to see some selling between 20/6-30/6/2008 as fund managers reweight their portfolios if they are required to do so. Not sure how big an impact coming out of ASX 100 will have, but there certainly will be some selling pressure from some fund managers. Could distort the CER /CNP equation even more, given CER will not be affected.
Regards
Buffett
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