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Just Energy Group Inc. (Canada) T.JE


Primary Symbol: JENGQ

Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.


OTCPK:JENGQ - Post by User

Comment by borne2runon Aug 20, 2019 4:20pm
271 Views
Post# 30048032

RE:RE:Dividend.

RE:RE:Dividend.condor, even if buyers come forward, the common stock may still be a zero (e.g. same sale metrics as Crius).

USD prefs were down 20% today, closing at $13.54.  Market appears to be pricing in a suspension of the preferred dividends.  Will know in 2 weeks.  If JE is sold for more than 5x EV/EBITDA, the pref holders will be paid $25 per share, an 85% gain.  Canadian debentures sort of holding up, trading in the low 80s.  CIBC has been accumulating, are they advising JE?

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