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Bullboard - Stock Discussion Forum High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

High Arctic Energy Services Inc. is a Canada-based energy services provider. The Company provides pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells and other oilfield equipment on a rental basis to exploration and production companies, from its bases in Whitecourt and Red Deer, Alberta. The Company's operations involve the rental of pressure... see more

TSX:HWO - Post Discussion

High Arctic Energy Services Inc > Deployment of ROC
View:
Post by Ciao on Jul 20, 2024 8:18am

Deployment of ROC

2nd highest volume in a year, I wonder if some investors are using the funds to buy HWO, and or investors who were put off with the PNG assets are now buying HWO
Comment by colourama on Jul 20, 2024 8:43am
I can only assume it is in large part existing investors using the funds to purchase additional shares of HWO. Otherwise, the RoC hasn't changed the structure of the company - that will happen at the end of July, and it seems strange to me that the RoC would be the impetus for new investors to buy - it suggests some sort of arbitrage that I am surprised would occur. Anyway, I have relatively ...more  
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