TSX:HSE.PR.B - Post by User
Comment by
Husky4000on Dec 04, 2020 12:23pm
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Post# 32037587
RE:RE:RE:RE:RE:Yields alone would make it CRAZY to short the Preferreds
RE:RE:RE:RE:RE:Yields alone would make it CRAZY to short the Preferreds
Yes you are missing something. When the transaction is approved you will receive 0.7845 share of CVE for each HSE you own. Meanwhile price fluctuates and it has no bearing on the deal. If you own 10 000 HSE you will get 7845 CVE. That's it. plus the warrants. I don't see how you can lose money...