High Arctic Energy Services Inc T.HWO

HWO Schachter Presentation...

[JonathanJSmith]

HWO-Schacter-CTE-2023-Conference.pdf (haes.ca)

[colourama]

Thanks for sharing! For all my negative comments, I still think that people are handing their shares away here at the current share price. I'll wait it out with the 5% dividend in the mean time and see what unfolds.

[Stonksonlyup90]

Nice to see that they've removed the nonsense about spinning off the International operations into a 'private company', simply now they state they are looking to spin it off to shareholders (likely a publically listed company - fingers crossed). Slide 17 also depicts that Working Capital is greater than the Market Cap @ $1.20 per share.. pretty good level to add to a position here IMO

[Possibleidiot01]

I like slide 17 but I don't see them removing the nonsense about spinning it off......... did I miss it. slide 16 h a e s . c a RETURN OF CAPITAL & REORGANIZATION 16 Opportunity for a one-time tax-free return of capital up to $38.2m Current structure is inefficient: two small businesses opposite side of the world management needs to be where they can have the most impact Key objectives

[longrun86]

They do seem to acknowledge that they are evaluating the "strategic merit" of the transaction. That is a positivie acknowledgement.

[Stonksonlyup90]

I think there is a good chance they scrap the plan all together... the next logical step would be to give the Board the boot for overseeing this dumpster fire of a 'reorganization' and wasting resources/time.