Shaw Communications Inc. V.SJR.A

Primary Symbol: SJRWF

Communication Services Telecom Services

Shaw Communications is a Canadian cable company that is one of the biggest providers of internet, television, and landline telephone services in British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario. In fiscal 2021, more than 75% of Shaw's total revenue resulted from this wireline business. Shaw is also now a national wireless service provider after acquiring Wind Mobile in 2016. Shaw has upgraded its wireless network, undertaken an aggressive pricing strategy, and significantly enhanced its spectrum holdings. As a smaller carrier, Shaw has favored bidding status in spectrum auctions, giving it a further boost in enhancing its wireless network. At the 2019 auction, Shaw added significant amounts of 600 MHz spectrum to the 700 MHz spectrum it is currently deploying.

OTCPK:SJRWF - Post by User

Shaw Communications Inc. > OFFER on the TABLE for $40.50.

<< Previous

Bullboard Posts

Next >>

Comment by NXOLONGon Mar 16, 2021 9:56am

151 Views

Post# 32806663

RE:RE:RE:RE:OFFER on the TABLE for $40.50.

I will wait for the $40.50 payback but I am happy that
your happy with $33.95

pierelebel wrote;

I sold - at a substantial profit - yesterday afternoon at $33.95.

From my perspective, it is a risk/reward relationship.

Looking at a possible low of $22 if the deal does not proceed next year and a high of $40 if it does and a current price of $34, I see
- $12 downside risk if the feds decide to not allow the deal to proceed
- $6 upside potential if the feds allow the deal as structured.

Good odds for most speculators but not for me.

<< Previous

Bullboard Posts

Next >>

Eminent acquires promising Nevada gold project