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NiSource Inc T.NI


Primary Symbol: NI

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.


NYSE:NI - Post by User

Bullboard Posts
Post by M139on May 28, 2014 6:36am
284 Views
Post# 22604129

Nuinsco dumping

Nuinsco dumpingI speculate that Nuinsco is not so much dumping for the sake fo dumping but rather getting some cash out for upcoming operations for Nuinsco and also to free up some cash for the upcoming warrants that will be available in July. I know they bought up millions of rights so have millions of warrants to buy at .03.
Each Warrant allows you to buy one additional common share at an exercise price of
$0.035 during the 12-month period beginning at 9:00 am (Toronto time) on July 31, 2014 and ending at 4:00 p.m. (Toronto time) on July 31, 2015.
I know I will be buying all my warrants...anyone else?

M
Bullboard Posts