BIL brambles industries limited

(1) FTSE market cap issue apparently no problem.(2) U*'s gone...

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    (1) FTSE market cap issue apparently no problem.
    (2) U*'s gone and accumulation continued.
    (3) Comsec sold more BIL than anything else.
    (4) Up a bit more in London.

    ...

    (1) Mention has been made of the quarterly FTSE rebalancing and how BI(L) might be thrown out. I doubt this will happen, as things stand. There appear to be nine stocks with lower FTSE 100 market caps than BI(L) and only one of the FTSE 250 stocks has a bigger one, with the others being a fair way behind at the moment. The recalculation cutoff date appears to be one week away (10/9/02), with any changes determined to take effect in two weeks (16/9/02).

    http://216.239.33.100/search?q=cache:thF5jUWXGQQC:members.aol.com/michellescorn/ftseff.html+&hl=en&ie=UTF-8

    http://www.fmlx.com/cgi-bin/QuotesXtra.cgi?cat_idx=648;display_cols=YYNNYYNYYNYY;select_id=0;duri=%2FEquity_Indexes_Member_Companies%2FLondon_Stock_Exchange_%28LSE%29%2FFTSE100%2Fdetail.shtml;sort_by=mkt_cap_asc;x=15;y=9

    http://www.fmlx.com/cgi-bin/QuotesXtra.cgi?cat_idx=649;display_cols=YYNNYYNYYNYY;select_id=0;duri=%2FEquity_Indexes_Member_Companies%2FLondon_Stock_Exchange_%28LSE%29%2FFTSE250%2Fdetail.shtml;sort_by=mkt_cap;x=17;y=8

    (2) The U* manipulation disappeared today. Accumulation appeared to be going on under somewhat smaller caps.

    (3) Comsec traders increasingly sold as the bigger money pushed the stock up. Comsec traders sold more BIL today than anything else today.

    (4) Up a bit again in London, against the change in the FTSE.

    Tomorrow is a completely new day with no doubt new factors to consider.

    Disclaimer: As before.
 
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