Stelco Holdings Inc T.STLC

Primary Symbol: STZHF

Steel Steel

Stelco Holdings Inc. is a Canada-based integrated and independent steelmaker with advanced integrated steelmaking facilities in North America. The Company is engaged in the production and sale of steel products. It produces flat-rolled value-added steels, including coated, cold-rolled and hot-rolled steel products, as well as pig iron and metallurgical coke. With its gauge, crown, and shape control, as well as uniform through-coil mechanical properties, the Company’s steel products are supplied to customers in the construction, automotive, energy, appliance, and pipe and tube industries across Canada and the United States as well as to a variety of steel service centers, which are distributors of steel products. The Company operates from two facilities: Lake Erie Works (LEW) near Nanticoke, Ontario and Hamilton Works (HW) in Hamilton, Ontario.

OTCPK:STZHF - Post by User

Stelco Holdings Inc > Where is the money????

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Comment by Duke16on Aug 30, 2022 10:10am

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Post# 34929351

RE:Where is the money????

They could buy a competitor like Algoma Steel (Market Cap $1.294B) for cash!!!

Or they could afford a Special Dividend of $20/share and still have $150M or more in cash afterwards.

So much they can do when they're carrying 60% or more of their Market Cap in Cash!!!

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