This morning Aristocrat Leisure announced that they have settled a class action against them, costing the company around $40 million. They seem to have got off lightly, they say that is about 8-9 cents per share, and will be funded with cash and other facilities - they have a large part of $40 million in cash!! So the share price jumped this morning, hitting $8.82 early on, mine selling for $8.80. I bought them at $7.30, so thats 20% in just 2 weeks (10 trading days). Gotta be happy with that!

Just read this press release http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/05-09-2008/0004810081&EDATE about Aristocrat Leisure. I found it on finance.google.com, which is quickly becoming one of my favourite sites, while seeing how they went on friday. It's about this new VIRIDIAN(TM) pokie machine, which has now been approved in lots of american/canadian markets, and trials so far have been a great success.

Aristocrat Sr. Vice President of Sales Sean Evans said, "Our reports show that customer acceptance is very high, and early numbers indicate improved casino performance with more than a 50 percent increase in multiple locations.

I'm glad i bought some of these 3 days ago, can't wait to see what happens this week.