Avenor (avr-tse) - Repap buyout (rpp-tse) Message Board

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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)

AVR 4.210

-2.3%

Nov 5 3:59 PM EST

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To: dave b who wrote (120)	3/19/1997 1:06:00 PM
From: John Bull	of 290

Hi Dave, I agree that Repap is an extreme risk but... What about 6 mounth ago, RPP shares were about (+-)6.00$ ! Was RPP situation different? When bankers established a ration 4.25:1, was it different? I think that if the RPP share is so low it is simply that Avenor big investors want to pay less for RPP assets and have it cheaper. We call that business! But now as I know a lot more about RPP debt... things are different and I assume that I paid a lot to much for my RPP shares... well JB

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