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

Energy


TSX:HSE.PR.B - Post by User

Husky Energy Inc. cumulative redeemable preferred > Tomorrow...
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Post by Tor2018on Oct 25, 2020 11:27pm
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Post# 31779616

Tomorrow...

Tomorrow...At open tomorrow HSE should go $4.14 CAD or over on merger news.considering CVE’s Enterprise value will increase and overall operating cost will decrease due to the merger of this Canadian 3rd largest energy giant under single management( i.e. 400 millions yearly will be saved on payrolls only). I guess not good for employees who will lost jobs but good for shareholders! we will see how market reacts tomorrow.. definitely there will be lots of interest tomorrow with very high volume..it’s very very cheap at this level & lot of institutions will try get in cheap early..It doesn’t need rocket science to understand where this will be in next 6 months when pandemic will be under control with vaccine!
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