Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Hdgs to be removed from the S&P/ASX Indices
As I said in the comments, from the SMH article, you will get $3.30 per share you hold in Wotif. The bit about Wotif veing replaced in the S&P ASX200 index by another company has no impact on your shares in Wotif. It just means that the index (the amalgamation of 200 companies) will have one drop out (Wotif) and another replace it (Healthscope).