NMT 4.11% 7.0¢ neometals ltd

It's good to see some quality discussion on this and I agree...

  1. 1,568 Posts.
    It's good to see some quality discussion on this and I agree with a lot of what is being said. Nanalevu, I understand what you are saying but in the case of Vanguard it's a different story though. The fund that is buying RDR only chooses 50 stocks - I have watched this closely for some time and they don't short sell these select stocks. They choose these 50 or so stocks very carefully and accumulate. Have a look here https://personal.vanguard.com/us/FundsAllHoldings?FundId=0053&FundIntExt=INT&tableName=Equity&tableIndex=0&sort=marketValue&sortOrder=desc
    This fund was established in 1984 and is currently holding only 45 stocks WORLDWIDE while currently worth $4.1billion. Now why do you think they saw value in RDR when they commenced purchasing at .58 and continue to accumulate every day. As a part of a diversified fund, I actually think it was for additional exposure to the Li and V, just my opinion. I would much rather them buying into RDR than selling out.
 
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