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Invesco Emerging Markets Sovereign Debt ETF V.PCY


Primary Symbol: PCY

The investment seeks to track the investment results (before fees and expenses) of the DBIQ Emerging Market USD Liquid Balanced Index (the underlying index). The fund generally will invest at least 80% of its total assets in U.S. dollar-denominated government bonds from emerging market countries that comprise the underlying index. The underlying index measures potential returns of a theoretical portfolio of liquid emerging market U.S. dollar-denominated government bonds.


ARCA:PCY - Post by User

Comment by cayp21on Nov 08, 2012 12:44pm
196 Views
Post# 20577071

RE: Any comments?

RE: Any comments?

through massive dilution.

 

There are 226m shares at 13 cents. An obvious possibility is to cut the shares in half on the backdrop of hitting a milestone. A zero sum gain but allows them to issue many more shares later.

 

If the CEO dumps shares prior to unfavourable pending news you already know the mentality of these guys.  If they do not care about protecting existing shareholders now why would they care later?  Particularly, when they can issue themselves more shares.  You get diluted they dont.

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