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Crius Energy Trust Tr Unit CRIUF

"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

Post by marketsenseon Feb 09, 2019 2:37pm
155 Views
Post# 29342401

Offer

OfferVistra mst be loving the fact that they have picked up miilions of shares well below their
offer price.   They have taken complete advantage of all the desperate shareholders in
their rush to dump and yet holders like myself who are inclined to be a little harder to get,
are being looked on as idiots and dreamers.  Vistra's offer price is in total worth $7.79 including
the dividend and yet over 6M shares traded below the offer.  Vistra could easily up their open
market bids as they have up to $7.79 without stretching their takeout parameters and yet
because of the sellers desperation they are acquiring millions of shares at a discount.  Now
who's looking smart and who's looking foolish is what I'm asking?

That said, once the initial rush to sell subsides,  it will be interesting to see if they start 
upping their bids.  Secondly,  the whole picture could change if another bidder were to 
appear.  I think the risk/reward in waiting for a while is a pretty good one.  As long as Vistra
doesn't back out,  the total takeout price is still $7.79 if nothing else happens.
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