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Regent Pacific Properties Inc V.RPP

Regent Pacific Properties Inc. is a Canada-based real estate development and investment company. The Company invests in residential and commercial properties located in Edmonton, Alberta. The Company has a portfolio consisting of about 72,675 square feet three-story commercial office tower and attached single-story bays with an underground parking facility (Cassel Centre), located in Edmonton, Alberta. The Company seeks to expand its portfolio of income producing properties.


TSXV:RPP - Post by User

Comment by fmkapon Sep 07, 2000 3:12pm
189 Views
Post# 2453856

RE: WHo is buying? over 4 million stocks sold

RE: WHo is buying? over 4 million stocks soldIt is surprising with a volume of over 4 million the stock has only inched half a cent. That means a lot of shares are outstanding. The Finnsh company has just announced the takeover/merger, and the stock prices doubled. I know Repap is the world leader in coated paper, but I find the price of the stock artificial. Once the merger will go thru the companies will have to do a lot of cost cutting and the merger expenses of such a mammoth company will be enormous. Wait and see this same stock will come down where it was before the announcement. However, for those who are in for a long haul for one or two years it will pay dividends if the price of paper is where it is today-high. After prices of commodities fluctuate more than stocks. Good luck
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