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iShares Global Materials ETF V.MXI


Primary Symbol: MXI

The fund seeks to track the investment results of an index composed of global equities in the materials sector. The fund seeks to track the investment results of the S&P Global 1200 Materials Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), a subsidiary of S&P Global, Inc., deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. It is a subset of the S&P Global 1200.


ARCA:MXI - Post by User

Comment by ng9221on Jul 29, 2015 3:38pm
80 Views
Post# 23973117

RE:RE:RE:When will IMG take a run at MXI?

RE:RE:RE:When will IMG take a run at MXI?I think early-2016 would be the time they buy us out.

Usually start of a year leads to strong gold prices, and we have seen that in the recent past. Given the marginal nature of IMG their stock reacts very heavily to an increasing gold price, their paper will be valued highly in early 2016 according to me simply due to seasonal strength, and they will use that to buy us out, I think it will be an all stock deal, and they will try to keep a strong/liquid balance sheet with the cash they have. 

Our paper probably will not react very heavily to the strong price of gold. Also, we might have something on Karita by then, so that might make IMG act quickly.

Just a thought.
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