Just Energy Group Inc. (Canada) JENGQ

Utilities Utilities - Diversified

Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.

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Just Energy Group Inc. (Canada) > Good news, maybe?

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Comment by Chris007on Mar 09, 2021 10:35pm

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Post# 32759887

RE:RE:RE:RE:RE:RE:RE:Good news, maybe?

lol...they already own 30% of the company. That being said, in cases like this, they would probably be better off to just cut and run. Last bailout was less than a year ago.

pointer wrote:

Chris007 wrote: lol...who knows, maybe PIMCO throws more good money after bad, and gives them another cash infusion.

Maybe another round of dilution, followed by another 33 for 1 reverse split.

If Pimco saves their bacon, they will want 99.9% of the resulting equity.