As of Friday it was still 21.6 mill. Now as of yesterday GDXJ holding of WGX has finally fallen... 18.1 mill
So GDXJ trimmed 3.5 mill WGX shares from its holding.
I dont know if the rebalance is done. But you can now understand what happened: the shorters knew this selling would happen. And 3.5 mill (at least) on a thinly traded share (when price was in 1.30s the volume was averaging a bit over 200k per day. So if a fund needs to sell ONE MONTH worth of share sales, then wow.
Assuming GDXJ is done, the shorters should need to cover. (or perhaps already did).
Triple Bottom, page-24
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Last
$2.86 |
Change
0.050(1.78%) |
Mkt cap ! $2.527B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.87 | $2.78 | $13.35M | 4.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 72565 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 17255 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| WGX (ASX) Chart |
