RE:RE:RE:RE:Order not filled Crius Energy Trust, excerpts from various financial statements filed with Sedar
Date Unit holder equity 3 Month Income/(Loss) Accumulated Earnings/(Deficit)
Dec 31, '13 $130,855,000 n/a $51,430,000
Mar 31, '14 $74,022,000 $(55,021,000) $(3,519,000
Jun 30, '14 $28,238,000 $(43,829,000) $(47,419,000)
Sep 30, '14 $40,438,000 $13,776,000 $(33,645,000)
Dec 31, '14 $11,731,000 $(55,021,000) $(60,840,000)
Mar 31, '15 $(21,436,000) $(31,709,000) $(92,549,000)
The take-home: Crius Energy Trust is turning unit holder equity into dividends at the rate of about $30,000,000 a quarter. This is not a long term hold. What happened today because of the market's reaction to an oversold new issue of trust units in a little known trust paying 10%+ dividends was a gift to shareholders. Enjoy it you lucky dogs! Just don't think there is much of a future in it. As for Windsorman's turnaround, I don't see it, the last two reported quarters were duds, as you can see in the figures above. You will notice the figure $(55,021,000) repeats in the 3 month income(loss) column. I checked it repeatedly, that is what Crius reported to Sedar. There is only a one in 10,000 chance of that happening accurately, and makes me sceptical of the accuracy of Crius' reporting.