asx200 inclusion

S&P will be announcing the revised (i.e. additions and deletions) indices to the market on 1st September. They do this based on the previous 6 months market capitalisations and liquidity. When you consider the market caps of ARQ ($340m today, average approx $400m over last 6 months) and TAP ($297m today, average approx $350 over last 6 months) and BPT ($897m today, average approx $600m over last 6 months), I'd say it's about time BPT was elevated into the ASX200, probably at the expense of ARQ or TAP or other stocks that have similarly fallen from grace. If that was to happen, the insto's who's portfolios largely follow the indices would need to take a position in BPT if they haven't done so already, and you'd therefore expect BPT to be re-rated accordingly. This is taking a view purely on the makeup of the ASX200, and doesn't take into consideration BPT's ever increasing production and profit profile which has underpinned the stock so well to date. I hold and continue to buy as we approach 1st Sept.