TSX:HSE.PR.B - Post by User
Post by
RagingBull3on Nov 11, 2020 2:33pm
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Post# 31878626
Terms of the Preferreds is a CONTRACT....
Terms of the Preferreds is a CONTRACT....Preferreds entitled to $25/share before Commons are paid their Cenovus Shares.
Just all my opinion on how I read and understand the "Contract of the Preferreds"
I guess the market value of the "Dissenter" on the Commons will be the average trading price of the commons over a period of time just before the deal closes.
But, for the Preferreds, it's what the Contract says..... not what they been trade at.
All just my opinion. Putting my money where my mouth is. Loaded up.