Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W

Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).

ARCA:XOP - Post by User

Spdr S&P Oil & Gas Exploration & Production Etf > Canadian Insider

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Comment by good40on Jan 08, 2021 12:40pm

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Post# 32254670

RE:RE:RE:RE:Canadian Insider

Why ? Sophisticated trading RHertig. Previously they couldn't get bids at half a cent.

They issued another 1.5 billion units today at .2p per unit. Each unit comes with half a purchase share warrant at .26p. If share price reaches .26p, there will be 10.2 billion shares outstanding.

They are still responsible for $26 million in debt, $15 million in cash or debt and $4 million shares to be issued at closing.

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