TSX:HSE.PR.B - Post by User
Post by
RagingBull3on Jun 23, 2020 2:49pm
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Post# 31182229
$447.00 per Preferred Share worth of Equity?
$447.00 per Preferred Share worth of Equity?HSE Shareholder Equity about $16 Billion. Number of Preferred shares about 36 Million.
16,000,000,000 / 36,000,000 = $447.00 Approx.
Of coarse this is omitting the commons.
I view this as "insurance" in an event of Bankruptcy. My thinking could be wrong..... Would like others opinion on this. What say you?