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Valener Inc VNRCF

Utilities Utilities - Diversified
"Valener Inc is an investment holding company engaged in the regulated energy business in the United States and Canada through Gaz Metro. Its core business operations involve natural gas distribution in Quebec and Vermont as well as electricity distribution in Vermont. The company through its subsidiaries holds the interest in wind farm business. It serves more than 200,000 customers in Quebec and over 310,000 customers in Vermont."


OTCPK:VNRCF - Post by User

Valener Inc > Shareholders expect a better price
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Comment by Transat500on Apr 05, 2019 7:22am
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Post# 29586121

RE:RE:RE:RE:RE:Shareholders expect a better price

RE:RE:RE:RE:RE:Shareholders expect a better priceNoverco made an hostile bid to get our shares at a cheap price.

Will vote NO too. It's written in their own independant report that VRN can value up to 28.50$ Why only 26$.

Plus we have to do more: take few minutes to let know Valener IR that we are not happy with this story: 26$ for a stock giving 4.6% div. is a steal. In these days , a stable and growing dividend co. like this one worth more than 30$.

As for me, Noverco Management want to grab VNR growth and revenues to make  easy good performances in the future and get great bonus at my expenses.


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