$50 here we come..., page-711

I'm not sure when the index rebalancing takes place (I assume June 30?) but APT will definitely be in ASX50 and probably ASX20 next year

The only thing I don't like about ASX instos is that too many of them are value oriented and just won't buy growth stocks unless they have to.

Even if we get into the big indices, I fear a lot of them will be underweight APT because they can't justify the price on traditional valuation metrics (which is dumb, but they need to at least sound smart in their jobs since they under perform the indices).

I personally think Atlassian is overrated but they are at all time highs on the NASDAQ. No way would they be a US$43 billion market cap if they were on the ASX.

In America the growth investor pool is quite significant, not to mention all those hedge funds.