Yes, i agree Van Eck will probably just switch a certain amount of shares from GDXJ into GDX, when NST will be considered too big for being a ""junior" gold miner. In any case i think the more important factor will be the inflows/outflows into gold mining companies/ETFs in general.
This sector has gone through some hard times recently (NST is quite a positive exception) and there are some signs, that general sentiment could be shifting away from the stock market darlings of the past years, the tech sector ( i.e. Apple,Google,Facebook,Amazon,etc) towards anything which has more of a "safe haven" status, gold (and the miners) would be an obvious beneficiary.
Van Eck Holdings of NST, page-6
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.18 |
Change
-0.430(2.44%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $17.43 | $17.60 | $17.18 | $57.43M | 3.324M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 28459 | $17.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.19 | 8868 | 1 |
View Market Depth
| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |
