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you have an incredibly simplistic and misguided understanding of...

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strazza

1,513 Posts.

911

21/08/24

15:24

Post #: 75307700
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Originally posted by 1sharetrader1: ↑

I don't think that the URA ETF has any intentions, the problem is the different individuals who are invested in the fund, when they cash in there URA ETF shares, the fund has to sell stocks to pay the fund holder for the sale of there fund shares.
Interest in URA is falling away so it is these individual investors that is the issue, if they keeps selling, the URA ETF will have no choice but to keep selling ASN shares.
This whole ETF process on how decisions are made on buying and selling of shares on there list has made me personally feel very uncomfortable about holding large positions in companies effected by ETF trading.
Other options would be good, I have my power ball ticket in, a 60 million share buy order at 10 cent would feel good about now, I would love to be able to do that to stop the ETF rot.

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you have an incredibly simplistic and misguided understanding of what the URA ETF is and how it works.

ASN Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.5¢		Change -0.003(4.41%)		Mkt cap ! $90.00M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.5¢	$129.2K	1.931M

Buyers (Bids)

No.	Vol.	Price($)
8	225586	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	1736	1

View Market Depth

No.	Vol.	Price($)
8	225586	0.065
2	270000	0.064
1	310000	0.063
1	275000	0.062
3	289195	0.061

Price($)	Vol.	No.
0.067	1736	1
0.068	100008	1
0.069	507035	4
0.070	179014	2
0.071	3000	1

Last trade - 16.10pm 14/11/2024 (20 minute delay)

ASN (ASX) Chart