High Arctic Energy Services Inc T.HWO

Alternate Symbol(s): HGHAF

Energy Oil & Gas Equipment & Services

High Arctic Energy Services Inc. is a Canada-based energy services provider. The Company provides 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, from its bases in Whitecourt and Red Deer, Alberta. The Company's operations involve the rental of pressure control and other oilfield equipment to exploration and production companies operating in Canada. In western Canada, it provides pressure control equipment on a rental basis to a number of exploration and production companies. Its North American service lines are oilfield rental equipment. Its rental services offer a lineup of oilfield rental equipment for drilling, completions, workover and abandonment oil and gas operations.

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High Arctic Energy Services Inc > Special Dividend?

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Comment by Possibleidiot01on Jan 06, 2023 12:18am

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Post# 35206129

RE:RE:RE:RE:Special Dividend?

The math was easier to do ,using a round number.
And $3 a share felt like an unrealistically high number looking at a longer term chart ; (JMO) a potential privatizer would like to have some significant upside.
I see a potential bid , closer to where you sugggest .
But , let's use $3 a share or $150 million capital less the $50 million. So $100 million less $45 million leaves them paying just $55 million.
Doable.

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