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Bullboard - Stock Discussion Forum Laramide Resources Ltd T.LAM

Alternate Symbol(s):  LMRXF

Laramide Resources Ltd. is a Canada-based company, which is focused on exploring and developing uranium assets in Australia and the western United States. Its portfolio comprises of five uranium projects, namely Crownpoint-Churchrock Uranium Project, La Jara Mesa Uranium Project, La Sal Uranium Project, Westmoreland Uranium Project, and Murphy Uranium Project. The Crownpoint-Churchrock Uranium... see more

TSX:LAM - Post Discussion

Laramide Resources Ltd > RE:RE:Exited this stock
View:
Post by windywolf on Jan 23, 2024 7:43pm

RE:RE:Exited this stock

Heya Mighty,

So how does the rebalance work exactly?


I realize they're a  ETF, that owns a diverse portfolio of U stocks.

So do they have to selloff some there U holds then buy them back?
Comment by MightyMorf on Jan 24, 2024 8:41am
My understanding is they have to sell stocks that they are overweight in.   (CCO,UEX,U.UN the larger ones.).  They will then e8ther add to existing stocks that they are underweight in.   (Smaller holdings).  Or they may purchase stocks that are not in the ETF.   
Comment by MightyMorf on Jan 24, 2024 8:44am
I should add that URA a while back became not a pure U play.   So they may sell down on those stocks?
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