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Bullboard - Stock Discussion Forum Highwood Asset Management Ltd Com V.HOCL

Highwood Oil Co Ltd is a public oil and natural gas exploration, development and production company in Canada. The company conducts its operations in the Western Canadian Sedimentary basin, primarily in the province of Alberta. It derives revenue from the sale of oil. The company's key cash-generating unit is the Wabasca River Pipeline System.

TSXV:HOCL - Post Discussion

Highwood Asset Management Ltd Com > Curious what the plan is here
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Post by mike49 on Dec 29, 2018 1:00pm

Curious what the plan is here

You don't take a company public with a 6 mil share count and expect any kind of liquidity.
Usually the rationale is access to capital-good luck with that at this stage of the cycle-better off private.
So.....maybe an acquisition already in the works?
The folks behind this have connections in all kinds of places.
have to do some sleuthing
Comment by RECESSION1PROOF on Mar 17, 2020 1:05am
This post has been removed in accordance with Community Policy
Comment by Theconsortman on May 03, 2020 12:22pm
Not surprising the AER rejected the Red Earth transfer. If it was going to a small fly by night Company with little financial muscle then it makes no sense. Good on Highwood to be quick on the updates.