GDXJ won't buy, no longer in their 'universe'
If we jump over the next quarter &/or there is an inflow into GDX there will be increased buying.
Any fundies that sold ahead of the GDXJ rebal would probably be looking to get back in as well, which could see us get a run on. The big q really is us getting some momentum behind the sector again, which will see $$$ flow into the stocks. Just to contextualise GDX has had a 17% outflow from the fund in the first couple of months this year, that means they've had to trim positions across the board correspondingly. We want that the turn around.
GDXJ won't buy, no longer in their 'universe'If we jump over the...
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Last
$15.07 |
Change
-0.150(0.99%) |
Mkt cap ! $17.31B | |||
| Open | High | Low | Value | Volume |
| $15.21 | $15.31 | $15.00 | $55.08M | 3.647M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7111 | $15.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.07 | 19451 | 3 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| NST (ASX) Chart |