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Just Energy Group Inc. (Canada) JENGQ

Utilities Utilities - Diversified
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

Just Energy Group Inc. (Canada) > There were news on Friday
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Comment by HermannHalleron Jul 20, 2020 10:50am
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Post# 31290345

RE:RE:There were news on Friday

RE:RE:There were news on FridayStock up 120%. According to IIROC, JE is not covered by the single stock circuit breaker halt rules, so no regulatory halt. I don't know about NYSE.

One would think that the company at least would halt the stock, realizing this is abnormal in the extreme. The Friday news release was a mere regulatory step in the planned recap, it would not warrant a jump in the shares.

I agree there must be another bid, or proposal, or at least a big shareholder coming out against the plan.
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