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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AVR 4.210

-2.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FundAce who wrote (173)	6/14/1997 2:28:00 PM
From: Lorne Larson	of 290

FundAce Like what I'm hearing from you because I'm long Repap, but a couple of questions: 1. How are you coming by this information ? Are you an insider, or are you an analyst that has early access to this type of info ? 2. Why isn't the market reacting more strongly if what you're saying is true ? 3. Does this mean that Repap is prepared to forget about a merger/takeover scenario and go it alone ? If so will the Td Bank play along ? What does Repap propose for the $150 million in convertible debentures maturing on Aug 1 ? Speaking of the convertibles, they're presently trading at about $55.00 (face value $100.00). A hell of deal if Repap is in fact solvent. I'm tempted to take a position, but the market action of late doesn't seem to reflect what you're saying. Maybe the big payers simply have no confidence in Petty. Regards

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next