TSX:LSG.DB - Post by User
Comment by
GP0055on Oct 26, 2014 6:14pm
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Post# 23062633
RE:RE:RE:RE:RE:RE:RE:Reason for SP movements as of late...any ideas?
RE:RE:RE:RE:RE:RE:RE:Reason for SP movements as of late...any ideas?As a quick calc:
Junior Gold Miners ETF 62729859 shares amounts to 15% of LSG Float
All Major Fund shareholders:
87,510,293 Shares amounts to 20.7% of float assuming 422,500,000 shares out.
All in all, a 15% or even a 20% ownership cannot match the public's 80% for control.
Just my thoughts
IMHO
GP