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Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified
"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Crius Energy Trust Tr Unit > Potential for competing bids
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Comment by SirHumpsAloton Feb 08, 2019 8:37am
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Post# 29336718

RE:RE:Potential for competing bids

RE:RE:Potential for competing bidsThe potential for competing bids is stong IMO. Yet, I took the opportunity yesterday to sell half my position. I have been holding shares for many years and started buying around 3.50 to 4 bucks so I am happy with my return, The other half will wait it out to the bitter end in case there is a competing offer. I would be content with $8.5 - $9 per share. 

HermannHaller wrote:
National Bank, in a similar research note, says NRG is a better fit with KWH. NRG has also been making acquisitions in the past year.

NRG, like Vistra, is a US company with a market cap of around $12 billion. Both of these companies could easily swallow KWH, and both could afford to pay more.


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