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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 wilwalon Jul 10, 2014 9:49am
173 Views
Post# 22732052

RE:Re:The Northern Miner article July 9,2014

RE:Re:The Northern Miner article July 9,2014Indirectly, yes but a takeover is not likely imminent.  The main reason for the stampede to suck up all the options is that they anticipate an imminent price rise in the stock and that it will never see these levels again.  A takeover could be a year down the road, and almost certainly not until after this year's drilling. They want to be loaded up now cheaply for when it does happen. 
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