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Invesco Water Resources ETF T.PHO


Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.


NDAQ:PHO - Post by User

Comment by Doooodiligenceon May 12, 2021 12:01am
167 Views
Post# 33180479

RE:RE:RE:RE:RE:RE:vote no

RE:RE:RE:RE:RE:RE:vote noI have been long, strong and patient for many years too. Happy to see the market recognize PHO the last couple years, but feel the same as most on the board since Monday that $ 3.60 is too low and does not reflect the future growth and potential. I had been predicting a buyer could swoop in but had hoped not yet. MKS made this offer as a strategy to get the clock ticking and shake the tree to aquire as many shares as possible as they see the earning potential with PHO. The big question is how the 13m shares Mon/Tues as well as the last 3-4 weeks will vote and whether MKS can get to 66% by end of June. I don't beleive they will be able to be succesful and sure they have enough. I predict they will make a higer offer mid June to sweeten. Not sure what number would change my mind yet, but for the record I have 510,000 shares and will also be voting NO @ $ 3.60. Good luck to all longs and hoping the cookie crumbles our way
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