2 billion as a market value violates all senses, either this company was totally robbed by petistas and courts in the US should take notice because they came with adrs and financings for more than twenty years...statint valuations that reached over 10 times todays value. Or the value of the 40.000 MW installed generation and 80000 kilometers of lines, transmission and distribution resources are false, a phantasy drowned in Pantanal. Or it is just one of those crazy Brasil days where anything under the State is a Pile of #$%$. A few years ago, the Investment Fund of Norway invested 600 million, today they coud decide to jus buy the whole thing and put some sense back into the picture. Brasil or no Brasil this is not going to stay there for too long.
what a day! the news that insiders and fund traders are selling are taken by the hft trading as supportive actions, so the stock gets upped over 100...amazing contrarians!!! watch