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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.


OTCPK:JENGQ - Post by User

Just Energy Group Inc. (Canada) > JE.V down 10% today - Anyone know why?
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Comment by Capharnaumon Jul 14, 2021 7:02pm
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Post# 33547087

RE:JE.V down 10% today - Anyone know why?

RE:JE.V down 10% today - Anyone know why?
BayStreetRoller wrote: More bad news on the horizon with this stock?  I am assuming that their Q1 numbers (April 1st - June 30th) are going to again be not well received by the street.  Or maybe it's a negative outcome on the clawbacks from the weather event - I think they requested to get $100M returned.


I think the main reason is that their latest financial statements clearly showed there was likely (I'd say 95% probability) no way around another reorganization. In that sense, when the reorg happens, there's a high probability that shareholders get less than what the shares are worth right now.
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