Lets face facts about the share holders of FFX
There are decent number of FFX holders, who are not interested in FFX/gold and only bought it for LEO/Lithium in the last year or two.
Having said above many long term FFX holders are gold investers and even now not that sure what the Goulamina is worth other than a lot
I am still holding FFX stocks today becasue what is happening in Ukraine/Russia (could be interesting for gold stocks) and the the fact I loaded a lot more over the last few months because of demerger and need to wait for CGT discount. If nothing interesting happens to gold stocks than I will be selling as the 1 year clock for CGT ticks over for each parcel.
And I am sure there are people who will sell out of Leo as they are more interested in gold.
Next 3 months will be interesting will both FFX and LEO both stays in ASX300 or could one or both drop off in the rebalance. Personally FFX could be in a little danger of the drop.
Even before SP rebalance, trading in Leo/lithium and FFX/gold ETF indexes will begin to actively rebalance
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