TNE 0.64% $26.86 technology one limited

Not a HC favourite?, page-12

  1. 3,877 Posts.
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    Risen a lot recently until $3.30 close yesterday.
    Now S&P announce today that TNE will be added (on 19 Sept) to:
    ASX100
    ASX300
    ASX All-Australian 200
    My take is that, as well as SP rise for TNE being driven by fundamentals, some has been due to "Predictors" working out in advance that these index additions were likely, and index-hugging instos/funds loading up (at least in part) prior to the announcement.
    Does this make sense?
    Is it usual?
    Critical comment welcome.
 
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