RE:RE:INSTANT POSITIVE CASH FLOW !!!!Ya...But Cenovus is buying Husky....and as you see, they are NOT cancelling the Preferreds. So if you borrow at 3% and then Cenovus pays you 9%... You make 5.25%.
Create a "subsidary" to buy the Preferreds where they won't get cancelled, get paid 9% but cost you 3.25%...Make 5.25%.
LOL..... see, how stupid.
9% is higher than 3%.... I'm sure you know that.
All just my Tin Foil Hat thinking, making BS up. Seems a lot of that going around in my opinion.
Leopold wrote: When a company buys their own shares they get cancelled . I'm sure you knew that ? Seriously ? Thanks