Just Energy Group Inc. (Canada) T.JE

RE:RE:Styll think this is trading 10-13 post recap?

[Energyrunsearth]

Alim33 wrote:

Energyrunsearth wrote:
Personally I kinda never understood why people were valuing it so low.

When you do the math on the injection of money into this company. If the company was worth zero dollars before the recapitalization. It would styll be worth more than 12$ a share based on the $620,000,000 (cad) injected into the company.

These are my thoughts, what are yours?

Agreed!   Market Cap is only 112K so this should go much higher!

Well I agree with your sentiment, but your math is more than just a little off! Lol. As of the close that day. If it held that price for recapitalization it would be 900 million not 110 thousand. Styll, lots of room for a run up though, if we get some good quarterly reports out of them finally.