GGG is third last on the URA portfolio weightings. Looks like BKY will come off next review for certain.
It actually might be a good thing that GGG hasn't yet pursued the legal route etc (comparing GGG with BKY)
Will need to monitor, see how UxC / Solactive react. At the current 60M holding even if it stays, more portfolio entrants will shrink the allocation size. So the current 0.26%, is close enough to the min 0.25% allocation.
Need to keep an eye on ISO Energy. 92E spin out was listed circa April 2021. Expecting the UxC listing to be ISO Energy / 92E in one mention etc.
Gives a prelude to EPM / Oz Yellow for the 2022 edition. 2021 should be unchanged.
Thus EPM should be in the URA index universe.
URA is actually has quite a low bar .... has been quite important for GGG, for some reason management never considered a multi commodity play therefore are ALL or nothing. Likely too late unless a high potential greenfields play comes along,
Crazy to be invested in it now. But intriguing if it capitulates further.
EPM Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)