TSX:HSE.PR.B - Post by User
Comment by
Imaxfanon Oct 26, 2020 5:04pm
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Post# 31783263
RE:RE:Book Value Husky $14.50 vs Cenovus $11.50
RE:RE:Book Value Husky $14.50 vs Cenovus $11.50rad10 wrote: Imaxfan wrote: So with this deal we get 25% fewer shares and each of those shares has a 20% lower Book Value? I think I’ll vote no thanks!
This is a done deal there is binding commitment from Li Ka-shing and CK Hutchison holdings.
Thanks rad10, I didn’t realize it was closed to counter offers etc... they had speculated that may happen on BNN this morning.
Well then, hopefully the price of oil spikes when a vaccine for Covid gets demand for oil exceeding supply in a big way. Hopefully my soon to be Cenovus Energy shares pay a good dividend and climb much higher in 2021.