Well i see they posted a substantial while i typed this post.
They sold a total of 6.7m in the new notice, and there was 83.5m traded in that period, this is only 8.03% of the traded volume for this period. There has been some more aggressive selling/volume days in the days after they reported on the 23rd, however, lets work with what we know.
Looking at this, i'd suspect that the estimate of 50m shares remaining is wrong and that number will be higher. Maybe they will remain with around 55m shares once the rebalance is done? So around 14m left to sell? Guess we have to wait and see.
Van Eck - ETF Buying Opportunity, page-2
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Last
$2.16 |
Change
0.040(1.89%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.14 | $6.902M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 36399 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |