As I understand only NST, OGC and IGO will qualify for GDXJ inclusion from ASX listed miners. EVN is too big.
http://www.etf.com/sections/features-and-news/popular-gold-miners-etf-change-dramatically
According to a press release from the firm, starting on June 17, "companies ranking between 60% and 98% (currently: between 80% and 98%) of the full market capitalization [of the investable gold miner universe] qualify for inclusion in the MVIS Global Junior Gold Miners Index."
Translated into market-capitalization terms, that means the market-cap range for new index components may expand from $75 million - $1.6 billion to $75 million - $2.9 billion, according to a Scotiabank report published on Thursday.
EVN's MC is above 3B. And I don't really understand IGO - when Nova ramps up shouldn't it be excluded from both GDX/GDXJ?
I can't see other ASX listed miner that is not already in the GDXJ and will qualify for inclusion.
As I understand only NST, OGC and IGO will qualify for GDXJ...
Add NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.65 |
Change
-0.080(0.54%) |
Mkt cap ! $16.83B | |||
| Open | High | Low | Value | Volume |
| $14.52 | $14.66 | $14.43 | $40.32M | 2.762M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14533 | $14.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.66 | 15766 | 3 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| NST (ASX) Chart |