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Valener Inc VNRCF

"Valener Inc is an investment holding company engaged in the regulated energy business in the United States and Canada through Gaz Metro. Its core business operations involve natural gas distribution in Quebec and Vermont as well as electricity distribution in Vermont. The company through its subsidiaries holds the interest in wind farm business. It serves more than 200,000 customers in Quebec and over 310,000 customers in Vermont."


OTCPK:VNRCF - Post by User

Comment by annegelon Mar 29, 2019 4:12pm
87 Views
Post# 29556325

RE:Shareholders expect a better price

RE:Shareholders expect a better priceEither that or they expect they will be getting three dividends before the closing (which they stated will happen in the next six months)? Meaning they would get 3 times $0.30 for a total of 90 cents, bringing their cost down to let's say : 26.15 - 0.90 : 25,25 with a buyback at 26 in six months.

Does it make sense?

Of course I would enjoy a new bid at 28 dollar... but this could happen only if people don't vote in favor of the 26 dollar offer.

annegel

Transat500 wrote:
1 million shares sold above 26.00 $ !!!

26.00$ too cheap for a 4.6% dividend stock.


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