Australia's largest stock trading and investment forum Australia's #1 stock forum

GGG

Click for more information

8.24%

7.8¢ greenland minerals limited

The latest document regards Solactive Global Uranium Index is...

First 75 Last

Share
Profile

Follow
hrcka

363 Posts.

8

21/02/19

22:06

Post #: 37523483
Share

Originally posted by nro: ↑

Sanders the exerpt you posted is from mid last year. A lot has happened since that time. Its not relevant to the intentions of sales unfolding now.
GlobalX are not swapping to follow another index again or dropping furher to meet Solactive anymore.
They have already sold down to their correct % holdings to do this many months ago and stopped.
Its now about the Solactive Index they are now following removing GGG entirely from their holdings (for the reason Ive detailed above) GlobalX have spotted it in Solactives Januarys rebalance. So GlobalX are following suit so to mimic the index.
So the current shift in Global Xs holdings is not the same as when they swapped to apportion to a new index.
What truly matters though is the tiny parcel that remains and that the selling of roughly 100 million is basically over.

Expand

The latest document regards Solactive Global Uranium Index is from 28/09/18

https://www.solactive.com/wp-content/uploads/solactiveip/en/Factsheet_DE000SLA0UR5.pdf

GGG Price at posting: 5.6¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

AXP

Tambourah chases gold veins and mineralisation extension with drilling

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 4 more messages in this thread...

First 75 Last

Add GGG (ASX) to my watchlist

SPONSORED BY