Crius Energy Trust Tr Unit CRIUF

Clarify a few points.......

[Bluefin646]

Scotia was on the cover as one of the lead investment banks for the spot secondary, thus they have a 'blackout period' from publishing on the name.  Is, no reports, updates, price changes, up/down grades until the stock goes off the restricted list, internally.   Most likely a week or two after July 2nd.   

This is is not a typical secondary, why?  It does not dilute current unit holders.

 How is that possible, the float increased by 59%?  Because unit holders only held 26.7% prior to the deal AND those private shares were already receiving dividends, actually the same dividends as unit holders.  So although private holders received cash, and the float increased, a unit holders % ownership did not change, nor did the financial impact of dividends change.  Thus, the only substantial change was float and public market cap.  

Why is stock moving up?  Over-subscribed.  This is the most important item of all.  The secondary was up-sized, which means there was demand for more stock by buyers.  This is a massive positive. Does not mean we are going straight to $9-10 level, but it does mean in the low to mid $7s that there are very large buyers.  Huge support for the stock.  

Stock needs to digest the recent volumes.  Will take a few weeks of boring, sideways action.  Any hint of good news and we are back above $8.  Another solid-strong qtr, and we are in the mid-8s.  

Now, if I could just get the usd to come in a bit........