TennisStar
8 years ago
Couple days old but.....Rights offering successful
Post reorg CJES is worth a minimum of $13.58 per share. 14,727,550 shares valued @ $13.58 per share, $200mil
Existing common holders get an automatic put option for FREE. If the hedges bought in @ $13.58 make no mistake about it, the post reorg CJES is worth well north of $25 per share. When the court dust settles and the year end tax loss selling stops, CJESQ will follow the same path as BTUUQ.
gm99
8 years ago
Look, CJESQ was $0.2's before filing Bankruptcy Jul 20:
2016/05/20, $0.28, 15,643,740
2016/05/19, $0.24, 21,119,428
Recover? With $6.1 Billion losses and Debts?
Day-dreammer, you are.