RE:Everyone Says $2 Why Not $1.50 I will be adding more if it hovers below $2. I think we haven't seen an offer yet because the big boys like Halliburton, Baker Hughes, Weatherford, have no interest in expanding their business in Canada. Unfortunately we are still seen as a tabboo nation, with 3rd world countries more enticing business platforms then us. It isn't even confined to Trudeau or Notley, but the bad ideology of Canadians which will always present a risk to re-elect left wing extremists.
As you note, we own $80,000,000 in Keane. From Trican's perspective, it is cheaper to buyback stock before reinitiating a dividend for the long run, which seems to be paramount for TCW.