RE:It practically pays for itselfYour data implies that CFP would get 100% refund of the duties.
Previously, they got 80% back and they will have to pay tax on it so your $878m should be more
like $537m.
Still at $38, Jimmy would get the 48% that he does not own at a very cheap price.
Right now, CFP has started the NCIB at a slow pace.In the first 10 days of Nov. they bought back
284,800 shares at an avg. price of $21.40.
Jimmy is a shrewd and patient investors.When will he make his move and at what price is anybody's guess.
The only certainty, is that CFP is trading at less then 50% of the rebuilt of it plant and that include
putting a zero value to it's BC operations.