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clock Created with Sketch. 02/02/18
11:07
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Originally posted by Locust1
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Calm down guys. Check the statement, Blackrock are always in the market buying and selling. They adjust their weightings in their funds to fit their mandates. I suspect Blackrock have done very well out of their copper assets over the last 12 months to where copper related assets have achieved a higher proportion of their portfolios then they are comfortable in respect to their mandates. Therefore they readjust their copper portfolios. It is likely they have sold down holdings in all their copper assets around the world. AVB is a mere speck in their weightings and has brought about a form 604 for a 1% move. They also might be going to make a large investment in a copper asset somewhere else in the world and need to readjust accordingly.
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It is it is not about selling Part holdings or technically called adjust their weighting it is about the continuous trading that has stopped the SP from progressing hurting us holders.
