RE:More pulp mills soldLooks like WFG sold 690,000 tons of pulp capacity for $120,000,000 USD equal to $174 USD per ton or $235 CAD per ton (174 USD x 1.35 USD/CAD).
Assuming CFX has 500,000 tons of pulp capacity, their mills would be worth $117,500,000 USD (500,000 x $235 CAD).
Minus net debt of $60,000,000 CAD = $57,500,000 / 65,000,000 outstanding shares = $0.88 per share FMV.
Great job Don. This really calls for a $500 million dollar investment into Canfor Pulp. WTF Don!