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BDR beadell resources limited

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6.5¢

Which means that they were a net buyer yesterday as their...

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fightinggreed

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127

08/01/15

15:10

Post #: 14555089
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Originally posted by nordesmic ↑

The mandate of the Van Eck managed GDXJ is to have complete exposure to the junior and mid cap gold sector. The selling as I understand it is an arithmetic adjustment based on market cap as a percentage of the GDXJ index.

You can actually track the holdings daily at:

http://www.vaneck.com/market-vectors/equity-etfs/gdxj/holdings/

Van Eck have gone from 52.6M on 24/12 to 48.8M at close on tuesday. I don't think they would be selling the huge number of shares traded today though.

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Which means that they were a net buyer yesterday as their holdings at the 7/1 were 50.5M.

BDR Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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Which means that they were a net buyer yesterday as their...

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