TSX:HSE.PR.B - Post by User
Post by
RagingBull3on Nov 28, 2020 11:22am
791 Views
Post# 31994445
Given the Yield, it's wouldn't be bad to hold the Preferreds
Given the Yield, it's wouldn't be bad to hold the Preferredsfor forever, given were interest rates are now. If the transaction pushes through and the Preferreds ends up in a Subsidary. I would make Cenovus pay trough the roof if they want my shares. Right now I'm only entitle to $25. It will go much higher after.
Cenovus I don't think wants a Subsidary. So if it goes that way, Preferreds will be in the driver seat and can demand whatever price they want. I think it will be much more than the $25.
All just my opinion. Again, my opinion/view is also derived from the Price I paid for my shares. I'm sure for those that paid $25 their opinion/view probably different.