i bought 1,5% of this ETF
Topic: [GLBSE] M.ETF - The first Mining ETF listed on the GLBSE - page 4. (Read 9172 times)
I've seen 2 ETFs, great!
Could you always issue new ETF shares if the secondary market price is higher than the price you paid for each ETF shares? This will balance the market.
congrats on a fast IPO.
I hold shares in 5 mining companies (apparently sold some due to heavy buying going on) and it's a little tedious to track them all. Thanks for doing this, JL421, makes things a lot easier for only 5% of the profits. A bargain I'd say.
I hold shares in 5 mining companies (apparently sold some due to heavy buying going on) and it's a little tedious to track them all. Thanks for doing this, JL421, makes things a lot easier for only 5% of the profits. A bargain I'd say.
You are likely going to find that at this price and number of shares we will need more very soon.
I observed some price pressure whenever more bitcoin entered glbse.
I'm worried that a fast growing operations like this (meta mining) would drive up prices.
even with announced growth we can see some pressure on the price.
Watching and very excited. Keep up the good work JL421
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Please clarify that as the operator you will NEVER issue more shares without first receiving a shareholder request to put to a motion.
As long as he sticks to the "market price or larger than previous" there's not likely going to be dilution going on anyway.Good point.
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Please clarify that as the operator you will NEVER issue more shares without first receiving a shareholder request to put to a motion.
As long as he sticks to the "market price or larger than previous" there's not likely going to be dilution going on anyway.
2 Questions:
1) Will the fund require a shareholder vote to issue more shares?
2) Will future issued shares be made at a premium, or will they be listed for sale at 0.25 BTC?
1) Will the fund require a shareholder vote to issue more shares?
2) Will future issued shares be made at a premium, or will they be listed for sale at 0.25 BTC?
Happy to report I own about 15% of this fund. ;p
You are likely going to find that at this price and number of shares we will need more very soon.
cheers
You are likely going to find that at this price and number of shares we will need more very soon.
cheers
I'm in for some shares 
General holding information will be available upon request, but exact amounts of shares held will not be available for any company other then JLP-BMD.
I would be interested in buying shares if the current holdings were listed on this thread and updated with each dividend payment. Listing average price paid and current gain/loss % would be icing on the cake. A 5% cut of revenue is pretty high, give us some transparency.
Portfolio -
Ticker | Shares Held | Avg PPS | Price | Gain
JLP-BMD | 100 | 0.189 | 0.19489 | 3.12%
MergedMining | 100 | 0.15 | 0.16 | 6.67%
Will the ETF's holdings be made public on this thread?
I'am always looking for a good investment but i really need more information on this ETF. What can we expect?
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