TSX:HSE.PR.B - Post by User
Comment by
onec007on Aug 19, 2019 5:50pm
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Post# 30044605
RE:RE:RE:Going private highly likely
RE:RE:RE:Going private highly likelyEven by just announcing that there is an offer the share price would go up substantially. Whether majority of the minority shareholders would accept $17 is questionable, but it is definitely a lot closer to the book value compared to the current price.
I for one would sell in a NY minute for $17 as I paid substantially less than that price, but still more than the closing price. It's completely sad that this is even in the realms of possibility because it is all about all negative the sentiments are surrounding the industry even though WTI, Brent and WCS are well above the lows of 2016.