TSX:HSE.PR.B - Post by User
Post by
EstevanOutsideron Dec 07, 2019 3:48pm
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Post# 30432486
Tightly traded float. Sitting duck for takeover bid.
Tightly traded float. Sitting duck for takeover bid.or BMO thinks privitization in the $14-15 range.
Huge company with sustainable reserves and massive infrastructure in a time high decline shale is about to go belly up.
I think HSE and MEG are both good plays here, but I will stick with HSE as it dropped so low it offers big beta without the bankruptcy risk or approaching bond payments.
Will happily sit on the goose egg here. Whatever move comes, it is unlikely to be a small one.
50% premium