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 > $8.60/Share when the CLOSING PRICE is 100% Gant $8.80/Share

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Comment by hpjtv77on Apr 08, 2019 2:34pm

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RE:RE:$8.60/Share when the CLOSING PRICE is 100% Gant $8.80/Share

I imagine the 20 cent discount is to get rid of your shares now. Money is locked in for months until closing while it can be put elsewhere to make profit. It will probably start to go up as closing nears. Think of it as a 20 cent profit if you are willing to wait until June/July. Probably no different from the 7 cent monthly dividend that Crius was offering before.

DMR001 wrote: As long as the deal hasn't actually closed there is still risk that it could fall apart. I expect that risk is represented by the $0.20 discount on the unit price, at least that is my understanding. Other opinions?

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