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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

Post by Possibleidiot01on May 22, 2021 2:27pm
256 Views
Post# 33254302

after some thought , this is my opinion

after some thought , this is my opinionOf what the board should have done .
instead of presenting shareholders with " a deal" , they should have gone this route and put out a news release about receiving an expression of interest.

In a nutshell, an expression of interest is an informal declaration that a buyer, whether strategic or financial, would like to purchase a business. The expression of interest will also provide the seller with a range of possible buying prices.

The BOD evidently felt that the MKS offer was a material event and valid/ fair enough that it had to be brought forward.


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