OTCPK:JENGQ - Post by User
Comment by
Capharnaumon Mar 10, 2021 12:32am
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Post# 32760138
RE:RE:RE:RE:RE:RE:RE:RE:Good news, maybe?
RE:RE:RE:RE:RE:RE:RE:RE:Good news, maybe?Tommy123 wrote: Check out Yahoo Finance's forum; they have a lot of great insights on how this is a great move for shareholders while they get the ERCOT bill corrected. JE is going to emerge from this stronger than ever.
There's nothing that points to an incorrect bill from ERCOT. They would need a political intervention to reduce the rates backwards so that their bill gets cheaper.
It's not impossible, but it's unlikely at this point. If they don't get a reduction, then PIMCO will be the sole owner of the business (and keep operating JE).