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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)
AVR 3.980-0.7%2:40 PM EST

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To: Phoenix who wrote (20)1/15/1997 5:51:00 PM
From: meng chua   of 290
 
Repap is making me sick after my monday purchased! Does anyone know the exact book value for Repap? How much cash does Repap has currently? What are those Repap managements going to do if the deal failed?

Actually, I am thinking of buying some more at the current price! Any suggestion? May be I could bring my average down to $3.30 or low! However, I couldn't see any brokerage firms buying Repap last few weeks! Hopefully, they will find interesting in the current price!

I agree with you that the deal no likely to approve if Repap keep stay at $3 range! Hopefully, the Avenor proposal will boost the Repap's price at the end of this month!
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