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Bullboard - Stock Discussion Forum Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

TSX:HSE.PR.B - Post Discussion

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Post by Jamestango on Jan 05, 2021 5:02pm

Should I have sold?

Sorry new investor here. I got lucky and bought hse at 3$. Closed today at 6.76@. With the change tomorrow should I have sold today? Or is the change going to keep the price the same or lower? 


thanks and like I said sorry noob investor here.

Comment by Husky4000 on Jan 05, 2021 5:19pm
Tomorrow, maybe even tonight your shares will disappear from your account and be changed for CVE.  Each HSE will give you 0.7845 CVEs.  You will also get 0.0651 warrants valid for 5 years at a strike price of 6.54.  Meaning you will have the right to buy CVE at that price for a 5 year period.  Or just sell the warrant.  So to answer your questions, should you have sold ...more  
Comment by Jamestango on Jan 05, 2021 5:29pm
Thanks for taking the time to explain. Have a great night. 
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