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  5. HWX: It’s seems that the stock is enjoying its marked rise at this time , Is it due to possible merge or a buy from other company? [Headwater Exploration Inc.]

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Q: It’s seems that the stock is enjoying its marked rise at this time , Is it due to possible merge or a buy from other company? It’s apparently much above its book value and by itself its future growth will not be marked. Is it indeed overvalued and could be sold ? The dividend is good so it could be kept as a dividend payer as one wait for buyout or a merger. What is your opinion on thei stock at this time ?
Thank you ,
Miroslaw
Asked by Miroslaw on November 20, 2025
5i Research Answer:
With good momentum and shares at only 14X earnings, we doubt management would agree to a...
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