It looks like you are correct. VanEck was 18.3 mill (down from 21 mill) a couple weeks ago. I see the 18.3 mill in the substantial holder notice. Yet, if you look now at GDXJ holdings, they are at 18.0 milll. So they have sold another 300k since that last notice.
The entire game is a shonk.
VanEck refused my request of 'where is this public info about your rebalance plans, because people know it'. So there is flat out shonkiness going on. Mind you, when would ASIC ever do their job (see banks and financial industry).
So, you have a VanEck sell down. Some people know how much it will be and if/when it is finished. And those people trade (short) based on this information (according to ASX statements). That behaviour is completely illegal. The holders and givers out of the information (VanEck) refuse to answer any questions re this. WGX just say 'yeah, we know we are being shorted because of a rebalance'
Then WGX do themselves a disservice by being all coy and unclear in their performance statements to the market.
If what I write above is true (the evidence says it is true) then what an illegal (and normal for Aussie sharemarket) mess.
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Last
$2.92 |
Change
0.010(0.34%) |
Mkt cap ! $2.753B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.96 | $2.91 | $9.395M | 3.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18585 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.96 | 31260 | 1 |
View Market Depth
| Last trade - 16.12pm 26/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |