High Arctic Energy Services Inc T.HWO

Here we goooooo!

[blackwolf25]

Looks like another round of flushing. Do we hold $1.00 today?

[colourama]

I couldn't help but put in a stink bid this morning, which I was pleasantly surprised got filled. Call me crazy, but when sellers are handing over their shares at near cash, much less near working capital, on a cash-flow positive company, I'll take that risk/reward chance nearly any day of the week.

[longrun86]

The market is effectively ascribing zero dollars to the PNG business. Maybe market participants think HWO's glory days in PNG are behind them or that the business unit will be stolen out from under shareholders. The FID will come one way or another in 2024 as will Managements plan for the re-org. I would like to think that HWO's tenure in PNG will drive meaningful business even if the

[colourama]

Let's even forget about PNG: If I invest $1.10 at the moment, and assume that $0.75 is returned by the RoC (which I guess we have to discount a little because of management's history), then I have $0.35 capital invested. As mentioned by a previous poster here, if they can maintain their $0.005/month dividend from just the Canadian operations alone (feasible with the ~$2 million cash flow

[impega]

Looking a bit stronger on the bid today. Maybe nothing. Or maybe something?

[blackwolf25]

Need to see a substantial run at and through the $1.15 ask. 

[blackwolf25]

Well, the ask is all but gone, time to step up and move this thing into relevance.

[Possibleidiot01]

Management has done an awesome job of destroying the stock's liquidity ; hard to tiptoe across the mud and not worry about sinking in.