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

RE:RE:RE:RE:RE:Anyone get their calls returned from Investor Relations?

[mrbb]

with current yield close to 10%, LKS now has to compare his new investment return to hse's 10% yield.  Going private would save alot of admin cost too. 

Vermilion just cutted their dividend by 50% and i read poster comments from their forum  wanting to see a bigger dividend cut because it would be better for the company. 

 

Dogsbreakfast4U wrote: Management has stated on numerous occasions that share buybacks are not their preferred course of action because of the relatively small public float. They have stressed returns via dividends. Now, if oil prices stay where they are or go lower you can bet they will cut the div or take it away altogether like they did in 2015. If there was ever a time for LKS to take this puppy private it is now. He could buy the shares he does not already own at current prices for less then the projected free cash flow next year!! I imagine that minority shareholders would not take $5 for their shares right now but if they go to $2 after the "independant" Board slashes the div to zero later this year it might be a different story. LKS did not become one of the richest man in the world by playing nice.