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Agreed and with news due in May from Macquarie - [ATTACH]

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dazaliam

6,005 Posts.

1966

09/05/21

17:12

Post #: 53047691
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Originally posted by Empty Nose ↑

the sprott fund's lightest weight holding is 0.63% of the fund nav

if that sprott fund buys FFX up to 0.50% of the fund...

157,000,000 usd net asset value
200,000,000 aud
x 0.005 is 1,000,000 aud
/ 0.38 per share
2,630,000 shares

4.9m shares to get into the top 20

fund rebalances every May and November
at the end of each month
therefore, next rebalance date is 31/05/2021
at the end of this month

if they can, if they were smart, they would of added FFX already, to all of their funds and all of their clients or be adding asap.

perhaps the fund rules allow rebalancing only at the end of May and end of November.
in that case, could it be, that the fund will purchase about 3,000,000 FFX shares on the last trading day this month, Monday 31/05

between now and then, there is the site visit, which includes 12 inch swab to the blood brain barrier (or anal swab if preferred), and meals of fish and chicken farmed fresh near the mine.

I'm gonna need a bigger boat to carry all the bags

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Agreed and with news due in May from Macquarie -

FFX Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
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