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

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

AVR 3.985

-0.6%

3:59 PM EST

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To: wesley vandenhazel who wrote ()	1/5/1997 7:41:00 AM
From: John Bull	of 290

Yes, I agree with your numbers! Repap stock price still(2 weeks after the annoncement)around 4.00$. To me, according with what I know from this buyout, Repap stock under 5.00$ is pure chocolate. Avenor is presently trading over 21.00$. Avenor was also interested in Timberwest TFL/TSE (18.75). I heard that Canfor CFP/TSE offered (21.00$) for each Timberwest share. Timberwest share still trading around 19.00$. This too I do not understand! To me: Repap and Timberwest are chocolate at present price! The Bull

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