TSX:HSE.PR.B - Post by User
Comment by
oilandgasmickon Mar 18, 2020 1:46pm
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Post# 30822443
RE:RE:RE:RE:HSE can be above $10 in few years
RE:RE:RE:RE:HSE can be above $10 in few yearsYes, it's a fascinating turn of world events, isn't it?
Fragility has always been at the core of society. Proof positive is on display now and really, this isn't even a virus that kills most of those infected. Interesting that the 16th century plague actually burned out because it had a nasty habit of killing its host so it was difficult to proliferate after a certain period of time. Rat populations also decreased considerably. Pandolins were probably unaffected by the whole thing.
Yup I am thinking that we are definitely headed below 2 bucks here. Interesting that with around 1.3B in cash on hand you could buy all of the shares in the company at this price.
I wonder if we priced all 3 refineries at rock bottom price (not sure who would buy them in this environment) plus upgrader (again, don't know who would buy) + service stations+ cash - total long term debt (assume reserves are now worthless which for the moment they probably are) then what figure would you come up with?
I wonder if it would be more than the $1.50 level we are thinking of?