RE:RE:IMHO, Effectively Husky Has Wound Up It's Affairs. ThisShayden, you really don't get it do you..... TRUST is a continuous thing that is earned/earned back. CVE share price drop from ~$40 down to where we are now and the difficulty of the share price to move back up to $40+ I don't think it's all about oil price.
This SECTOR has a TRUST issue, IMHO.
When things like what happened to the Preferred was/is allowed to happen by the market, security commission, courts, government...... It just diminishes the TRUST in our market system.
I'll get over it when CVE earns my TRUST back. Unfortunately it just keep getting worse.
The only thing that makes sense to me that CVE done is/was refinancing their debt at lower rates and long maturity. And this doesn't specifically do anything for Shareholders directly.
Many here agree/think that CVE sold retail assets CHEAP. And this is during near record high gasoline prices, and land property values experiencing rapid inflation.
It just goes on and on the hits shareholders are taking, IMHO.
All just my opinion/view/thinking
All just my opinion/view/thinking.
SHayden wrote: Move on, it's been over a year.
RagingBull3 wrote: I believe was ALWAYS the Plan. But You SEE THE BS !!!!!! You SEE HOW EVERYONE, the OSC, Courts, Government, and everyone else, just eats up the BS....
Preferreds had TERMS that stated something like they were to be redeemed for $25 in the event Husky was to wind up its affairs.
All just my opinion/view/thinking.