Disco, he was just responding to my suggestion that being...

Disco, he was just responding to my suggestion that being included in the 300 would peg PRR more to the whims of the market. Your post also shows that PRR pretty much does follow the market anyway. Thanks :)

Looking at the coys that are to join the 300 next week I must say I am perplexed by the variety:

Qube logistics Holdings
Alkane Resources
M2 Telecommunications
Elemental Minerals
Starpharma Holdings
Focus Minerals
Greenland Minerals and Energy
Thorn Group
Prima Biomed
Allied Gold Mining
South Boulder Mines
Samson Oil and Gas
Tiger Resources
Hunnu Coal
Decmil Group
Credit Corp Group

The reason for my perplexidnessness:

STB has an EPS of -0.06
DCG has an EPS of 0.19
SPL has an EPS of -0.04
CCP has an EPS of 0.47

and two of my favs:

PRR...?
SSN...?

Many on this (and perhaps on the forums of other soon to be included coys) have made statements about how "instos and fund managers are 'mandated' to buy indexes like the 300..." and how that will be a great thing for us.

I have to say I'm surprised if that is the case considering the wide variety of negative and positive cash flow businesses that apparently make up the S&P 300.

I guess broker houses create funds to buy any number and mix of stocks and/ or indexes. Some are high risk and others low risk. Perhaps with this mixed bag of earners we are part of now on the 300 we average out as medium risk?

If THAT is the case then INDEED we will benefit from being in the 300 considering our current cash flow and risk profile :)

Did I just figure out my own perplexidnessness? hahaha