X64 ten sixty four limited

Can someone please confirm for me the likelihood of MML being...

  1. 818 Posts.
    lightbulb Created with Sketch. 5
    Can someone please confirm for me the likelihood of MML being relisted in GDXJ in the next quarterly rebalancing (I think it's June)?

    At current FX rates it's my understanding that MML need to be priced at above $0.94 (ie giving it a market cap of US$150m).

    I'm also assuming that it will continue to be traded heavily in the coming months with the renewed interest in gold to help to achieve the average daily volume required (US$1m).

    And I'm keen to better understand the affect on being relisted in GDXJ on a gold mines share price?

    I suspect it would have been awhile since a gold miners were being pushed into GDXJ (they've mostly been dropped from the index over the last 5 years), but does anyone have any experience with how that process plays out?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.