TSX:HSE.PR.B - Post by User
Comment by
oilandgasmickon Mar 06, 2020 5:05pm
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Post# 30777647
RE:RE:RE:RE:RE:RE:RE:Anyone get their calls returned from Investor Relations?
RE:RE:RE:RE:RE:RE:RE:Anyone get their calls returned from Investor Relations?Well, if he's doing some brain storming then its about time.The stock is now trading at 14% of its 2014 high.
The deeper the discount to book is then the more attractive the buy back becomes especially for the majority owner. He knows that he's into it for the long term so chances are that down the road he eventually retrieves the book value which is somewhere around $20?
I also preferred the dividend as the first priority but the shorts aren't too worried about the divs.
The good news in all of this is that the sell-off it should finish off alot of the U.S. shale frackers but that won't show up in the production numbers for a long while. So much damage from this scheme.