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Bullboard - Stock Discussion Forum H2O Innovation Ord Shs HEOFF

H2O Innovation Inc. is a Canada-based water solutions company, which is focused on providing technologies and services to its customers. The Company designs and provides custom-built, and integrated water treatment solutions based on membrane filtration technology for municipal, energy and natural resources end-users. The Company’s segments include Water Technologies & Services (WTS), Specialty... see more

OTCQX:HEOFF - Post Discussion

H2O Innovation Ord Shs > Surprised but happy
View:
Post by Possibleidiot01 on Oct 07, 2023 9:05pm

Surprised but happy

The following sums it up

"
Desjardins Capital Markets (“Desjardins”), the independent financial advisor to the Special Committee, has delivered to the Special Committee a formal valuation of the Shares completed under the supervision of the Special Committee, as required by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”), which determined that as at October 3, 2023 and based upon and subject to the assumptions, limitations and qualifications communicated to the Special Committee by Desjardins and to be contained in Desjardins’ written formal valuation, the fair market value of the Shares is in the range of $3.25to $4.00per Share."

We're getting above fair market value for a Quebec based company where head office retention is always an issueas in pension fund involvement..

The buyers may make the "piles" I wanted the company to eventually make ; but having a cost price of 92 cents . my gain is 360% in under 4 years. That's piles.

Steve Miller is the perfect song :)

rotsevni0328 , you still have mail that has suggestions.

Comment by Possibleidiot01 on Oct 07, 2023 9:38pm
Oops, used the wrong figure ( actually $1.11) so change to 283% in under 4 years. PILES.
Comment by rotsevni0328 on Oct 08, 2023 9:10am
Dear you, What more can I suggest? If you read some of my earlier posts, I suggested the company be sold and Mr. Dugr did just that... I'm certain I had nothing to do with management's decision, but why did they do it when they had a great future? They see grater profits in the future with this new arrangement, and good for them: read carefully what they're doing with their shares that ...more  
Comment by Possibleidiot01 on Oct 10, 2023 7:12am
I'm sorry you haven't picked up that message ; mentioned six stocks that you could have put money into . Of them Opsens attracted a takeover offer today @$2.90. BTW , I said pension plan involvement , not pension fund obligations - big , big difference as the Caisse de Depot was the biggest shareholder and ,as you said, rolled shares over because they see bigger profits. Good luck ...more  
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