OTCPK:SJRWF - Post by User
Comment by
RagingBull3on Mar 16, 2021 3:17pm
160 Views
Post# 32809445
RE:RE:look at SJR.PR.A TAKE OFF
RE:RE:look at SJR.PR.A TAKE OFFCenovus bought Husky, but Husky Preferreds were not Redeemed. :-( I'm upset about that. In Husky Preferred Terms I believe it stated that shareholders were entitled to $25/share in the event that Husky winds-up it's affairs. Dispite Preferreds having a CONTRACT WITH TERMS.... Preferreds were basically strong armed into Cenovus, IMHO.
That's why even it this deal is approved, I said there's no guarentee the preferreds would be redeemed.....given what I experienced with HSE/CVE and with know knowledge of the Terms of Shaws Preferreds.
That's why I said for the Preferreds to spike up like this, that shows a very strong confidence for not only the $40.50 and deal approved but also for the Preferreds to be Redeemed.
All just my opinion/view/thinking.
Red_Deer wrote: RagingBull3 wrote: Dam.... should have went for them... Didn't because couldn't find the Prospectus on them. Oh well.
INDEED !!!!!!!!
This has been MUCH quicker than the Same Kind of SPIKE on my TransAlta Preferreds__on
the ongoing speculation of a BrookField Take Over Bid