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High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

High Arctic Energy Services Inc. is engaged in provision of 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 in Canada. Its segments include Rental Services and Production Services. The Production Services segment operations consist of Company’s idled snubbing units in Colorado, United States. The Rental Services segment consists of High Arctic’s oilfield rental equipment in Canada centered upon pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells. The Company offers an extensive line up of oilfield rental equipment for drilling, completions, workover and abandonment oil and gas operations.


TSX:HWO - Post by User

Comment by colouramaon May 05, 2023 4:31pm
139 Views
Post# 35433845

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CIBC dumping

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CIBC dumpingCIBC at the close knocking it down to the 52 week low. Anonymous contributing to the tanking by taking out the 50K share bid at 0.99. They are literally losing money on the share sales. HWO could pack up its entire operation tomorrow, have a fire sale selling its assets for pennies on the dollar, and we would I believe still come out well ahead from this level. Will they start selling for less than net cash? Only only $5 million to get there, or 10cents/share below this level.
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