Global X runs a Uranium ETF which is seeing significant fund inflows at the moment due to the impressive rise in Uranium stocks.
The fund rules are purely arithmetic so the fact that they are buying is largely meaningless to SLX as an individual company - it's the whole uranium market. They are passive investors who follow the market cap weighted Solactive Global Uranium index. It's like asking if an index tracking super fund if it wants to invest in a particular company.
You can read more about it on Investopedia
Global X Uranium ETF, page-4
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Last
$4.69 |
Change
0.100(2.18%) |
Mkt cap ! $1.110B | |||
| Open | High | Low | Value | Volume |
| $4.60 | $4.69 | $4.53 | $7.073M | 1.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24317 | $4.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.70 | 2677 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| SLX (ASX) Chart |