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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 by User

Post by mike49on Dec 29, 2018 1:00pm
298 Views
Post# 29167999

Curious what the plan is here

Curious what the plan is hereYou 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

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