SYA 6.90% 3.1¢ sayona mining limited

General Discussion Topics, page-86932

  1. 1,666 Posts.
    lightbulb Created with Sketch. 648
    Apart from been on the Lithium & Battery Tech ETF list, we are also on REMX VanEck Rare Earth/Strategic Metals ETF and well above what they hold in PLL. I think that should tell you something.

    So the LIT ETF are now holding 0.40% of their net assets which equates to just over 76m shares in SYA.
    VanEck holds 3.21% of their asset pool which is almost 125m shares. VanEck follows the MVIS index which currently has SYA listed at 3.34% weighting. This means that VenEck could still be buying a couple more million shares in SYA to meet the MVIS Index weighting.

    VenEck:
    https://www.vaneck.com/us/en/investments/rare-earth-strategic-metals-etf-remx/holdings/

    MVIS:
    https://marketvector.com/indices/hard-asset/mvis-global-rare-earth-strategic-metals/components

    LIT:
    https://www.globalxetfs.com/funds/lit/
 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.