that's not insider trading. u can look at the market cap of any company at any time. when market cap gets high enough they will bump other stocks out of the index. tfc is going up because it is de risked. ie. is there oil? yes. can they sell it? yes. is the oil price good? yes. these were all maybes 6 months ago. there is nothing dodgy going on here. however getting into the asx300 is a positive as fund managers have certain guidelines and some don't invest in anything outside top 200 or 300 or whatever guidelines they have. therefor it is now on the radar for some of those managers which eqals more demand. happy days finally.
TFC Price at posting:
$1.71 Sentiment: LT Buy Disclosure: Held
