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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) > Read the info circular
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Comment by EarningsPoweron Aug 28, 2020 2:44pm
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Post# 31470866

RE:RE:RE:RE:RE:RE:RE:RE:Read the info circular

RE:RE:RE:RE:RE:RE:RE:RE:Read the info circular Worked out great. Nearly all the convertable debt holders saw there was value in owning a piece of a new company, even after giving a slice to equity holders in order to secure the votes needed for each asset class. 

Some large debenture holders even saw the opportunity to squeeze out a bit more value for themselves (and their class).

Overall, this was a great restructuring to run through and with the 36 new shares + 65 rights per debenture I look forward to realising the equity upside of a cleaned up company now which, for some reason, the market is saying its worth quite a bit now. 



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