Ainsworth Lumber Co Ltd ANSBF

Voting against the deal

[pappy777]

I know it probably doesn't make that much difference but here is why. Has anyone considered that when we receive the LPX shares, or consideration--we have then been considered to have established a captial gain or loss in the year the deal closes (likely end of this year)

For most I would imagine this means a large gain and likely large tax hit depending on your bracket. I had no intention of selling my shares within the next few years to simply defer the tax bill on this. I was hoping to sell in a few years when my tax bracket would be much lower and thus pay less tax down the road.

I fully believe in the coming lumber rise continuuing and think that ans would have made these prices whether by buyout or market condition in the not to distant future anyways.

If 54% of the shares are basically already voted as yes, (Brookfields) that leaves another 12.66 % of the shares held by others to say yes or no to this. (They need a 2/3rds majority to get it through). I'm voting no. If LPX sees the value in ANS it means the value is there and the market or others will see it and react accordingly or even more in our favour--it is just a matter of time.