TSX:HSE.PR.B - Post by User
Comment by
RagingBull3on Mar 29, 2020 5:32pm
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Post# 30858147
RE:RE:Ironically, the worse it gets out there the more likely that
RE:RE:Ironically, the worse it gets out there the more likely thatNessrookie78, do you think HSE will go bankrupt? If so, how much do you think the Preferred will get per share?
Commons would need to be totally wiped out and then some before Preferreds take a "hair cut".
I guess it's possible.
Nessrookie78 wrote: Be interesting to see how much of a cut bond holders and prefered take after this
I'm thinking 70% hair cut. But even then you take over a co which huge negative CF problem and no relief in site
Even with zero debt payments and no divy they are negative cash flow. Crazy
A beer is worth more in Calgary than a barrel of oil
I really fell for all the people that are about to hurt. Those not in oil industry will need to help them out