Geez Id dearly wish for this one to be true!
But I cant find where it states it anywhere.
The rebalancing announcement I read only has the schedule of listings held.
https://www.solactive.com/ordinary-adjustment-solactive-global-uranium-nuclear-components-total-return-index-solurant-january-2019/Where is the direct link to the Solactive GGG freeform determination?
If true then its nothing to do with feasibility or profitability. So much for that theory.
But if true it would also mean we have large holders buying up even larger stakes.This doesnt sound right to me though because we have had a large holder selling down a large stake?
Id like to check this statements validity because, if its true, it means GGG has for what I believe is the first time in its history crossed a theashold. Its been on the cards for accumulating major players recently and if so tightly held now and having been bought up. This is interesting news for me as 300 players is extreemelly tight. We have far more than that vewing these threads.
The freeform rule is in play to help stop big players from ramping prices.
That would mean this share could be up for a big price spike if any good news arrives because holders sit tight and dont sell and buyers have nothing to buy causing a buying clamber.
Is this suggestive thats exactly what may be planned for? I doubt it but then why is it happening.
It also suggests we could well have a rich mans club forming and someone knows something here as theres ever bigger players coming to the table. Larger players are accumulating smaller holders in what they see is a gem before they think its value is about to shine. Seems to be happening if the free form rule is breeched.
This sounds like ramping talk but its not. I am genuinely excited as Ive seen this happen before.
The last share I watched that barely met this rule for IPO went from 8 cents to 80 on first day of listing because the large holders I knew simply wanted it so by refusing to sell their stake.
In this case with GGG there may be no club. But given the accumulation by larger non day trading folk. They would surely be doing so in anticipation of something prosperous as they are pushing massive bets into play and possibly looking to hold and wait. The only thing I can think of in play maybe causing this is two things:
1) The Solactive rebalance was late OCT. GGG was firm at this satge in holding. Something happened around this time. The EIA was submitted prior. But that would attract minor holders gambling in I would have thought?
2) I see Shenghe moved in with its MOU then. now this makes me wonder if the chinese are getting in knowing Shenghes very real intentions behind the "bamboo curtain" (wafts hair) As the Chinese like to do this and let word out to their friends before the company moves in (much more than in Australia). I cant see many Chinese names in the top 70% of holders. But not sure lower or if theyd trade via personal name over English soundingentities.
Doesnt matter who I guess. What matters is big players have soaked up smaller stake holders and the people more less in the know.
I hope these holders read this and understand their power if they come together and hold for profit via awaiting the pricing expected by most holders here in time of $1 plus.
A lot of theories here. I know. But thats because of likelyhood present as why else would bigger players be soaking up the stock. But I also dont want to get too excited without proof. So Id love to double check this validity if you have it hcka
