Hi all BAL'ers Back from the Jungle ................for a while...

Hi all BAL'ers

Back  from the Jungle ................for a while The Pygmy Bandar tribe looking after things whilst I am away.

Not to take anything away from the positive news surrounding BAL..  But ..

Me thinks it interesting  not just from from BAL point of view ...but information regarding the ASX Indices adjustments.

I have -just this morning using a very rough research process- looked at a number of stocks -- using the HC chart (month) and using the PC pointer hovering/moving  over the chart price line and found:-

- some (not all) of those that are 'Added'  in a 'higher Index' seemed to have risen over the last month??
-some (not all ) that have been 'removed' to a 'lower Index' seemed to have fallen over the last month?

Now one may not be Einstein  -- as if you had the time and energy etc you could predict most movements as there is a formula that decides when a stock will be in/out of  an Index... I believe its based on -possibly a Weighted Average Price WAP  Market Capital (MC) over a period.... etc etc etc  I cannot guarantee those 2 mentioned are accurate.  

Just thought it was interesting ... also someone may know

Maybe not going back to the Jungle just yet may hang around a tad.!

Keep safe all BAL'ers

All IMHO  and please DYOR..............................  then if you make a mistake you will know instantly to whom you point the finger. (Just a suggestion.) This will save a heap of disappointment, sorrow and sleepless nights trying to find who to blame

The Phantom GWW