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Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

Energy


TSX:HSE.PR.B - Post by User

Husky Energy Inc. cumulative redeemable preferred > 5 year/ 10 year/ and now all time lows.whats going on???
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Comment by oilandgasmickon Jul 17, 2019 4:57pm
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Post# 29931743

RE:RE:RE:RE:RE:RE: 5 year/ 10 year/ and now all time lows.whats going on???

RE:RE:RE:RE:RE:RE: 5 year/ 10 year/ and now all time lows.whats going on???I am not normally a big fan of share buy backs but when you look at the relatively low volumes in the last week that have brought so much downward pressure, they could have easily been swept up by a buy back program that didn't have to be that big. Unfortunately thee are 5 trading days until earnings release and nothing to stop us in that week. we could be around 10.5 by next Thursday.

Question for the board- if this was a preemptive strike on a bid to go private then what are the rules regarding minoity shareholders and a proposed price?  Can the majority owner force the minority shareholders into accepting a very low price?  I am not familiar with these rules if in fact they do exist. I am not saying that this is what is happening but just wondering about a "what if" scenario.
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