INR chart, page-112

Hi All,

Just to confirm further below are the Van Eck holdings at c.o.b. 17th Dec US Time. They currently hold 77,758,445 shares in INR. There may be some minor adjustments to their holdings before the next rebalance date in March. This is a passive fund so no research into individual companies, inclusion is solely based on free float capitalisation and so dependent on what other investors, both informed and uninformed, consider the company shares are worth. Keep an eye on each MVIS rebalance because a sell down by Van Eck can happen in a similar fashion to last Fridays trading.

The chart below probably reflects the inclusion of INR in the MVIS index announced on 10th Dec US time.

Be aware that Van Eck can lend stock and the short sellers will potentially have a field day with companies that have a high capitalisation and no current income source. This seems to be happening with a number of listed lithium stocks in a similar situation.

So be prepared for a roller coaster ride and if a long term holder you might need to hang on tight.

DYOR.