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FP Newspapers Inc V.FP

Alternate Symbol(s):  FPNUF

FP Newspapers Inc. is a Canada-based company, which owns securities entitling it to 49% of the distributable cash flow of FP Canadian Newspapers Limited Partnership (FPLP). FPLP owns and operates the Winnipeg Free Press, along with several other Manitoba based news and media publications that are available in both print and digital formats. The informative and engaging content it produces has a reach throughout the province of Manitoba.


TSXV:FP - Post by User

Comment by Zynderon Nov 23, 2019 12:27am
117 Views
Post# 30384817

RE:RE:new 52 week high 0.51

RE:RE:new 52 week high 0.51FPLP is 49% owned by FPI. This part of the ownership was issued at a much higher price than current. If they repurchased this would they not be able to purchase back at a much lower price? Ex. If they issued the shares for 6.00 and purchased back for 1.00 would it not raise the value of the remaining shareholders interest ? We are getting profitable and if they can reduce the number of shares outstanding the EPS goes up. Is my logic incorrect? 
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