Invesco MSCI Global Timber ETF V.CUT

Primary Symbol: CUT

The investment seeks to track the investment results (before fees and expenses) of the MSCI ACWI IMI Timber Select Capped Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index, as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) that represent securities in the underlying index. The underlying index is comprised of equity securities of companies that are primarily engaged in the ownership and management of forests and timberlands and the production of finished products that use timber as a raw material. The fund is non-diversified.

ARCA:CUT - Post by User

Invesco MSCI Global Timber ETF

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Post by djbon May 01, 2001 12:44pm

119 Views

Post# 3682724

Repricing of options

Relax it is only 300,000 options, it not like they set 3,000,000 down here. Obviously the Management thinks that .16 is a good bottom price. I am sure moral is down within the firm and due to cost cutting measures, the only way to retain talent is to reprice their options. I believe it is a good corporate move.

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