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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 blackwood2002on May 12, 2021 12:47am
165 Views
Post# 33180555

RE:RE:RE:RE:RE:RE:RE:RE:vote no

RE:RE:RE:RE:RE:RE:RE:RE:vote nowell we saw this coming and feared a lowball offer would hit the deck. Here we are.. very dissapointing to say the least . All of the longs here have voiced their displeasure so I wont add to the mix as I feel the same. The only way we beat this is hold onto your shares so we collectively maintain voting control ..assuming the funds holding shares do the same . MKS has 650mm USD in cash .. they can afford to pay more. or offer cash/shares of MKS . I think a biddding war is not very likley as there are not many competitors in the space with the financial clout to pick up PHO . I am suprised that the longest coverage and analysis is the company providing PHO financial advice. Echelon.. I suspect their clients are none too happy with them taking the lead and selling the company they have been pushing for years at a discount to FMV. Will there be a conflict of interest with Amr Ezzat and his recomendations to his clients and or any public statements against the sale at this buyout price? We will see where this leads.. If we continue to see big bumps in order backlogs like in this quarter MKS will have to push the offer up significantly in order to convince us to accept. I will vote NO ..,, GLTA .. 
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