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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 RichyRich$on Jan 10, 2016 3:06pm
83 Views
Post# 24444824

RE:IAMGOLD

RE:IAMGOLDThe reason I mention that is because a papertrade to IMG shares in a buyout, I believe has a lock-up period where you can't sell for a few months. But another post on here was saying that the strength of a buyout would reflect where IamGold and the industry is at. So if gold rallied that much and Merrex was not bought out until 12 months. A high sector sentiment, high gold price and IMG share price, and the fact it would be 12 months later with some drill results even on Karita, then the buyout amount at that point could be $.70 instead of $.35. So everything may be relative to the situation at the time. I'm just throwing out the worst case and no buyout for another 12 months. And in that situation if no buyout and the whole sector rallies, then the share price of MXI would naturally rise to $.35 even without a buyout. Hopefully IamGold makes a move very soon. The more they wait, the more they risk a competitor coming in.
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