Crius Energy Trust Tr Unit CRIUF

Naiive

[marketsense]

Without delving into the history of KWH's past,  I would suggest that at $5.40,  the company
was way undervalued and any takeover offer would also be an attempt to buy the company
as cheap as possible.  Give the long suffering shareholders a crumb and hope they bite is in 
my mind what this offer represents.  Now what is fair value is the question?  My sense is it is
more than the offer price but until a competing bid shows up,  this is all that's on the table.

Saying that I see no harm in waiting this out for a while.  There were over 6M shares sold out
in the first day and probably very happy to be gone.  Now it remains to be seen once the bulk
of selling is over,  where could we go from here?  There's lots of time for a competing bid to
appear and if not,  then so be it.  I'll take my $7.78 and move on.  At least we have a choice
to sell at any time or hold on until something changes.