TSX:HSE.PR.B - Post by User
Comment by
onec007on Dec 08, 2019 12:37pm
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Post# 30433633
RE:Tightly traded float. Sitting duck for takeover bid.
RE:Tightly traded float. Sitting duck for takeover bid.Book value is close to $20 and a 50% is definitely in your target of 14-15. I agree that HSE should be taken private similar to what happened with Canfor. LKS owns so many shares and taking it private will help them recoup lot quicker compared to staying public plus the 500 mil in dividends saving per year can greatly transform the company. The market hates O&G so it's perfect time to privatize