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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 lscfaon May 11, 2021 1:41pm
195 Views
Post# 33174675

RE:Useful Info

RE:Useful Info

e.g.  
June 11, 2020 - Trive bids $2.15 for Seven Aces     
July 30, 2020 - Trive increases bid to $2.77



retiredcf wrote: September is the expected closing date unless it's extended for various reasons. As for a likely outcome, we put the odds of a higher bid from MKS at about 50%, the odds of a new bidder at about 20% and the odds of a failed bid at 25% (ie. shareholders vote note and MKS does not increase the offer). In general, it takes several weeks for a new bidder to emerge. If this doesn't occur, a higher bid from the existing buyer typically waits until very close to the expiry date to allow for negotiations with large shareholders to proceed. 

More input provided by 5iResearch in response to a barrage of questions. So it's time to relax and wait for events to unfold. GLTA

 

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