The selling in today's notice from Van Eck is from their June Quarterly rebalance.
If you look at the holdings part it shows that GDX still holds 3.12% of all shares and then there is a couple of GDX versions that hold another ~0.5%.
All of that will be sold in September unless WAF is added to the new tracking index. That's possible but it's also not clear what the criteria for the new index are
Ann: WAF to align with 2024 Burkina Faso Mining Code, page-112
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Last
$2.18 |
Change
-0.030(1.36%) |
Mkt cap ! $2.484B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.19 | $2.11 | $12.99M | 6.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 52523 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 115898 | 6 |
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| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| WAF (ASX) Chart |