Forget PPT, they are just taking some of the huge cash they've...

Forget PPT, they are just taking some of the huge cash they've made off the table. Some of the insto's that are buying PPT's stock are doing so because CPB will more than likely be included in the ASX100 in the next 6 weeks.

It is running around as the 84th largest stock and the index weighted funds will need to include CPB into their portfolios.

Combine that with a possiblity that the A$ could fall and a huge proportion of earnings is from the U.S., just makes good bed-time reading.

This could run to $50 and I'm holding.

Pep