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Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

Bullboard Posts
Comment by Steamoon Oct 16, 2017 5:34pm
110 Views
Post# 26818902

RE:RE:RE:I'm tired - I retire

RE:RE:RE:I'm tired - I retireThe Global X Lithium & Battery ETF tracks a market-cap weighted index of global lithium miners and battery producers.  The weighting of a stock in this index does not reflect an opinion on the stock.  The increase in the amount this fund has invested in NMX is a reflection of the inflows that this fund has seen this year. As the fund increases in size it will continue to buy more shares of NMX, assuming its market cap weighting is stable or increasing.  This is a positive for NMX of course so let's hope the net inflows continue.
Bullboard Posts