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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

Invesco Water Resources ETF > The Absurdity of the Current Share Price
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Comment by Stocker46on Dec 09, 2018 12:04am
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Post# 29088256

RE:RE:RE:RE:RE:RE:RE:The Absurdity of the Current Share Price

RE:RE:RE:RE:RE:RE:RE:The Absurdity of the Current Share Price"The last 2 recessions PHO lost 95% of it's stock price"

digitel ... please refrain from posting totally irrelevant information.

The last reccession began in December 2007 (with the financial crisis) and lasted until June 2009.
PHO lost $2.4 M in 2007 (before the recession set in) and lost $1.3 M in 2008 (in the middle of the recession) They had cash of about $.5M to $1M through that period. Their revenues were about 1 tenth of what they are now.

THEY WERE TRADING IN THE 2 to 6 cent range.
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