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

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

AVR 4.380

-3.4%

Nov 3 3:59 PM EST

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To: mineman who wrote (213)	7/24/1997 10:37:00 PM
From: Dave Tan	of 290

No one seems to know what Repap current financial situation is right now. However, the stock seems to be rallying nicely, go repap go! My prediction is if they manage to renegotiate the remaining debentures, i.e delay payment or issue new debt, the stock will rise to $0.50??? But if they decide to issue shares instead, bottoms up.....$0.10 is a nice price to bottom out. Let's hope for some good management. A merger with a company with lots of income/capital gains will be nice, we have almost $2.50 worth of losses we can use to reduce future income taxes. Won't be any use to a small repap after all this restructuring.

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