Yesterday was a rebalance of the ETF and they needed another 98m shares to rebalance it.
Van Eck run the GDX tracker ETF. Buying CEY is no measure of confidence. They do it as a matter of course as CEY is included in the ETF.
Market vectors on 24/09/13 rns was at 6.39% the price rose over 5p afterwards, Would not be surprised if the same happened , this share is at least 10p of assett value
Van Eck Global, Market Vectors Gold mines ETF (GDX). Well if they have bought ,then that means ,confidence, they buy ubder valued goldies.
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