Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

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Husky Energy Inc. cumulative redeemable preferred > Crashing

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Comment by firstworldon Jan 15, 2020 12:32am

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Post# 30554136

RE:RE:RE:RE:RE:RE:Crashing

Need to wait at least 18 mths of additional govt mismanagement and see what new rules come into play. Politic risk is way too high now to make any moves. There is more distress coming they will swoop in....

matt2018 wrote: LKS family already owns 69%, what is point of keeping the other 31% public?
They can streamline so many costs by going private that they can grab even more cash than they are taking out of Husky now.
Its a no brainer.
Unless they believe it can go even lower, like maybe $7.
Then they take it out for $12.
$12 wont do it right now, need to offer at least $15.