RE:Nice to see the big numbers from the commonsYes, just about anything the company does that increases/maintains capital/cash/equity is GREAT for Preferred shareholders.
Cut to common dividends = Good for Preferreds
New Debt issuance (more cash) = Good for Preferreds
New Share issuance (common dilution) (more capital/cash) = Good for Preferreds
Cuts to CapEx = Good for Preferreds
Go Private = Good for Preferreds, redeemed for $25
Bankruptcy = ?????? not sure, could actually be good, if lucky $25 payout.
Yes, not only does Husky have relatively good balance sheet, it has a large equity and huge common share float which acts like "insurance" for the Preferreds.
Again, all just my opinion/thinking, could be wrong.
Oasisjunior wrote: husky paid the big dividend from the commons,,,,,