PRU 0.56% $2.68 perseus mining limited

Yes that is correct but that 6.1% stake in PRU accounts for only...

  1. 240 Posts.
    lightbulb Created with Sketch. 4
    Yes that is correct but that 6.1% stake in PRU accounts for only 0.50% in their GDXJ portfolio. It is the same for all their gold stocks in their GDXJ for example- they own 11%+ EVN shares in the actual company but this accounts for only a little over 4% in their GDXJ portfolio. Back in March to June 2017 Van Eck dropped their 15% ownership of PRU to around 5% and it sank from around 70 cents to 30 cents. The impact was huge on the SP and it was all legal and they announced it too. It was called a ‘re balancing of their GDXJ fund’. So many of their gold stock holdings in all companies around the world that they put into their GDXJ portfolio got hit. That's why I am glad PRU is small fry at the moment in Van Eck's GDXJ.
 
watchlist Created with Sketch. Add PRU (ASX) to my watchlist
(20min delay)
Last
$2.68
Change
-0.015(0.56%)
Mkt cap ! $2.265B
Open High Low Value Volume
$2.61 $2.70 $2.61 $7.644M 2.864M

Buyers (Bids)

No. Vol. Price($)
46 147356 $2.67
 

Sellers (Offers)

Price($) Vol. No.
$2.68 77980 71
View Market Depth
Last trade - 15.39pm 18/12/2024 (20 minute delay) ?
PRU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.