Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

Warrants

[Dogsbreakfast4U]

The transaction between HSE and CVE will give HSE stock holders .0651 warrant per share allowing for the purchase of CVE stock at a 6.54 strike price for 5 years. This part of the deal has been undervalued imo considering that CVE will be trading north of $10 in the relatively near future. The warrants could indeed become quite valuable for LKS and large institutional holders.

[Shazam57]

Almost a complete noob here and yeah I'm talking about myself lol. What do you think will happen with the other prefered shares as they aren't all equal? I have only the basic common share.

[RagingBull3]

In news release, companies said what they plan to do with the Preferreds.   I think they are breaking the terms of the Preferreds but that's only my opinion and it seems I'm virtually alone in my view/thinking. If you are asking about the Price of the Preferreds, they are going up in my opinion.   So many reason as to why: 1) If there's value left in the Commons

[Shazam57]

Thanks for that ragingbull.