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 DMR001on Apr 08, 2019 3:51pm

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Post# 29598403

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

As of today, KWH.UN can be purchased of $8.58. They will likely be taken up for $8.80 at closing. I took a small bet on this today. Investing today, I can gain $0.22 per unit when the deal closes. Doing some quick math: if the deal closes in 30 Days – May 8, my return would be 30.8%. if it closes on Jun 8, the return would be 15.4% and if it runs out to July 8, the return would be 10.3%. Since the voting is already settled it seems like a fair to good bet that it will go ahead. Even if it runs out to 180 day the return is still 5.1%, not great but worth considering taking the risk. And… if we run past the end of June another dividend of $0.209 may be in the cards.

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