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%

3:59 PM EST

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To: Brad Yonkman who wrote (230)	7/29/1997 6:35:00 AM
From: oki kwon	of 290

Please check annul report note 19, it says u.s. assets 946 mil-wisconsin, canadian assets 1.6 bil-N.B. and MANITOBA combined. Wisconsin is getting 933$ canadian, very close to it's assets value. N.B. output is much more than wisconsin accoding to 2nd q result. With the paper price is improving, all the current debt will be paid off, repap will survive as a sound corp. The stock price will appreciate once repap become profitabe and market recognize the value of repap. I am going to hanging in with repap. Now at least it is not going to be $0 any time soon,all the bad news is out. good luck everyone. oki

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