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

Invesco Water Resources ETF

Bullboard Posts

Comment by Mofonomoon Nov 19, 2014 5:35pm

177 Views

Post# 23145638

RE:RE:RE:RE:RE:EXCELLENT QUARTER: SALES, PROFITS, BACKLOG!

I disagree.

If the company dilutes the outstanding float with too many cheap offerings to officers or issues new shares cheaply, then it becomes a problem for existing shareholders.

Having a healthy float maintains liquidity and reduces the bid/ask spread. Look at RX.VN with a float of approximately 15M shares, sure its share price is higher but the spread makes it difficult to execute limit orders.

Bullboard Posts

FE Battery Metals begins 2024 winter drill program