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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 b2b2025on Mar 19, 2020 12:30pm
164 Views
Post# 30826699

RE:Positive conference call

RE:Positive conference callThis current share price is a great value. To add on your comment. "My main concern is that a larger player tries to buy it out while the market isn’t properly valuing the company.",  Photon should be looking for a bargain to buy, especially with the large (relatively to their mrkt cap) amount of cash on hand. An aqcusition that would help Photon develope/break into new markets could add some great value in the future.   
 
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