okay wots goin on ????????, page-7

re: gambling revenue in clubs & hotels rise 15% If it gets into ASX 100 index in Dec. 05, (I could be wrong); index funds will buy automatically (I do wonder about index funds - seems so systematic).

Only guessing, but that should take the price above $3.50 quickly. The buying momentum then takes the bidding price higher, until index funds have their proportions.

The quirk is that higher share price means higher portfolio allocation (based on market capitalisation), leading to more momentum buying, meaning $3.80 might not surprise.

The BIG question - will it get into the index?

Need the right crystal ball or tea leaves.

Meanwhile, AGM next Monday (I am attending) might bring some info.