MERCER INTL INC

Ticker: MERC CUSIP: 588056101 Class: COM

ICON ADVISERS INC/CO's Holding History (CIK: 0001058470)

Note: Option positions (PUT/CALL) are excluded.

Q3 2019

Shares 121,300 Value ($000) $1,521 Avg Close $10.15 Range $8.50 - $12.72

Q2 2019

Shares 121,300 Value ($000) $1,877 Avg Close $11.98 Range $10.81 - $14.12

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2019	121,300	$1,521	$10.15	$8.50 - $12.72
Q2 2019	121,300	$1,877	$11.98	$10.81 - $14.12