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High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

High Arctic Energy Services Inc. is engaged in provision of pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells and other oilfield equipment on a rental basis to exploration and production companies in Canada. Its segments include Rental Services and Production Services. The Production Services segment operations consist of Company’s idled snubbing units in Colorado, United States. The Rental Services segment consists of High Arctic’s oilfield rental equipment in Canada centered upon pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells. The Company offers an extensive line up of oilfield rental equipment for drilling, completions, workover and abandonment oil and gas operations.


TSX:HWO - Post by User

Comment by MiguelSanchez1on Jan 16, 2021 7:54am
107 Views
Post# 32312794

RE:RE:RE:RE:RE:RE:NCIB

RE:RE:RE:RE:RE:RE:NCIBFYI I don't think it would even come to that. IMHO a steady, daily NCIB would push things up to 2$. I don't think there is enough sellers under 2 to let them fill 5% of float. I don't have access to in depth order sheet but I suspect any size buyer would push this thing up substantially if they were looking to get in now. Which is maybe a reason why they aren't. Company putting a floor and a steady bid under prices would push things back up to a level where a size buyer or fund might be able to get some liquidity and blocks
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