Ainsworth Lumber Co Ltd ANSBF

RE: good news

[estebancaballo]

Yes in the long run for sure, imo...and even in the medium term. Looks like some people don't like it in the short term...ie today. The issuing of shares at a very low price ($1.25?) compared to the current sp is, obviously, the problem in the minds of some. In theory I guess the sp should not be negatively impacted as the new issue is being used to pay down existing debt so the value of the shares should remain constant, correct? Esp as we are able to purchase the new shares at the low price if we are existing shareholders, right? I guess it will be a 1-1 deal. In any event I think that this is a smart move and that it sets the stage for strong future growth at ANS. In retrospect this will be seen as a great buying opportunity, imho.