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Veresen Inc. T.VSN.DB.B

Energy Oil & Gas Midstream


TSX:VSN.DB.B - Post by User

Veresen Inc. > 6.81 now
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Comment by smoking81on Feb 10, 2016 6:19pm
148 Views
Post# 24545531

RE:RE:RE:6.81 now

RE:RE:RE:6.81 nowThey have raised lots of money to complete Jordan Cove. This will not happen for some time but there is not enough income to pay 15% dividend and wait for Jordan Cove to happen. They will announce a dividend cut shortly and people are pricing this into the stock. Their best bet is a buy out from Enbridge.
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