UEX Corp fka UEX

[Destinator]

URA Watch Sep 27, 2018 (PLUS)

UEX Shares Traded-------------------------------3,404,396

URA sold shares of UEX------------------------ 43,500
URA portion of UEX shares sold ------------- 1%
URA holds UEX shares-------------------------- 27,798,565
URA weighting of UEX shares ---------------- 1.16%

URA Total Assets Trend is moving ----------- UP
URA Assets on Sep 27, 2018------------------ $348,635,786


The overhang of URA held shares has been significantly reduced to 1.16% without URA having to sell too many UEX shares. In fact ONLY 1% of the UEX shares traded yesterday were sold by URA.

URA Assets have grown so significantly that by default URA can hold onto the UEX shares. So why has URA decided to rebalance with so many other URA held Uranium Explorers (including the liquidation of some entire holdings) but continues to do all it can to hold onto UEX shares? With 3.4 million shares being traded yesterday Global X certainly had the opportunity to partake in more that just 1% of the trades. Perhaps the overhang is not nearly as large as investors perceive. Imagine that.


Now imagine this

URA holds UEX shares------------------------- 24,000,000
URA weighting of UEX shares --------------- 0.24%