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Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified
"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Crius Energy Trust Tr Unit > Crius Issues Statement Regarding Announcement By JCP
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Comment by StocknerdEQcoolon Mar 29, 2018 11:11am
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Post# 27802573

RE:RE:RE:RE:RE:RE:RE:RE:RE:Crius Issues Statement Regarding Announcement By JCP

RE:RE:RE:RE:RE:RE:RE:RE:RE:Crius Issues Statement Regarding Announcement By JCP
ronin1 wrote:
No buyback so far. I hope there are not waiting for the stock price to go back down to 7$ Long 10K shares @ 8.25$ since last spring. very frustration to be long.


NBIC approval does not mean they have to buyback now, instead Crius can buyback their units in limited quantities anytime within the year provided they have enough cash flow to do the buying. Crius management is now facing another problem from JCP's demand to be represented by their members on Crius board. I doubt very much the present CEO Mike Fallquist would accept such demand from JCP as he himself holders about the same amount of the units. Fun times ahead.
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