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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 > Volume Friday.
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Comment by bluejay100on Mar 04, 2019 8:59pm
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Post# 29441385

RE:Volume Friday.

RE:Volume Friday.The bid price was at a premium - to the recent average share price. Unless there were significant synergies to be realised in an acquisition, or there was some competitive advantage in buying up market share, why would you pay a premium?  In any event, whose to say RBC's FV estimate is the one to go with?  it's only their best guess and others have different best guesses.  At the end of the day, FV is what people end up being prepared to pay on an arms length basis.  If no higher bid comes in, then fair value was $8.80.
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