Congrats to Todd and team for driving earnings growth to allow for the increase in market cap and entry into top 50.
I personally have only ever bought TRA shares and see no point in selling in an inclusion pump. Happy to hold as the company continues to expand over the next 5 years onwards
Hey alokdhir ….you on duty all night and will post outcome as soon as announcement?
Thanks in advance and
Buddy announcement came earlier then I thought ....as it originates from their Sydney office and not Geneva ....U have done it mate ...Congrats ...for doing it again...U just a super genius ...lol
How many sleeps before the next BIG ANNOUNCEMENT ? I was told Friday night 2am someone will post the link of the impending good news
NZX50 Inclusion and maybe Midcap Index inclusion both together and exit small cap index ??
NZX50 is followed by NZG and FNZ of smart shares ...big money funds as they are part of their low cost KiwiSaver funds
MDZ folows Midcap index ...which can be additional buying if included ...maybe already part of it ...I have no idea ...but from memory I recall it includes all rest 38 stocks of NZX50 which are not part of top ten index followed by TNZ ...so I reckon getting into NZX50 first time will get TRA into MDZ ie mid cap index too !!
Exactly like I thought ...NZX 50 inclusion and Midcap Index inclusion ...so FNZ / NZG / MDZ plus extra buyers surely ...$ 5.22 + is my target !!!
Recent inclusions of similar stocks albeit not in their prime time ie HLG / VSL have shown a POP of 11-12.7 % from a day before announcement .
CHI was an exception it just popped less then 5% ...maybe too liquid ...not sure why not ...as that also got included in NZX50 plus portfolio plus mid cap index in March 2023
Keeping in view history of HLG / VSL ( only mid cap index inclusion ) and general positivity around TRA ...I am picking a target of $ 5.22 + before the inclusion transfer ....but also need bear in mind whole forum here was expecting it and prepared for it ...can be negative for SP ...lol
Recent inclusions of similar stocks albeit not in their prime time ie HLG / VSL have shown a POP of 11-12.7 % from a day before announcement .
CHI was an exception it just popped less then 5% ...maybe too liquid ...not sure why not ...as that also got included in NZX50 plus portfolio plus mid cap index in March 2023
Keeping in view history of HLG / VSL ( only mid cap index inclusion ) and general positivity around TRA ...I am picking a target of $ 5.22 + before the inclusion transfer ....but also need bear in mind whole forum here was expecting it and prepared for it ...can be negative for SP ...lol
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Originally Posted by Rawz
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