SYA 6.90% 3.1¢ sayona mining limited

Van Eck REMX ETF:-SYA holdings

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    Be aware that SYA is a new addition to the MVIS Rare Earth's index that the Van Eck REMX ETF tracks. This index tracks 20 rare earth's stocks listed worldwide and is based solely on free float capitalisation with no research on any inherent value of assets.
    This inclusion on the MVIS index requires VE to build a holding in SYA by close of business this coming Friday so the CSOP on Friday might be interesting. Probably requires VE to purchase around $40m to $60m of SYA shares so DYOR. The VE prospectus also permits them to lend these shares to short sellers so can be a double edged sword. As indicated DYOR.

 
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