Surprised they are still holding - they won't for long. They no longer meet the criteria for inclusion in the Index (see below - my underlining). At the next re-weighting, these will be sold (can't be accepted into the offer as Genesis not in Index). Next Index review date 30 November, with announcement on 9 December. See here under MVGDXJ: https://www.marketvector.com/periodic-index-reviews/quarterlyCompanies eligible for inclusion in Index:
- Companies that generate at least 50% of their revenues from gold and/or silver mining/royalties/streaming or have mining projects with the potential to generate at least 50% of their revenues from gold and/or silver when developed; and
- Market cap exceeding $150 million; and
- Daily average trading volume of at least $1 million and traded at least 250,000 shares per month over the last six months
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- Ann: GMD: Extension of Offer Period for Takeover s650D
Ann: GMD: Extension of Offer Period for Takeover s650D, page-53
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