Post by
fisherman7 on Sep 05, 2000 1:25pm
Another Offer?????
Someone is paying 5% over the offer price.
Me thinks that there may be another player in hiding.
Comments?????
Comment by
webes on Sep 05, 2000 1:28pm
Someone must believe that is the case, or they certainly wouldn't be paying this price.
I wonder what a new offer would go for - 25 cents maybe?
Comment by
fisherman7 on Sep 05, 2000 1:37pm
Well, TD Asset Management is heavily involved and those boys and girls are not stupid.!
Comment by
webes on Sep 05, 2000 2:57pm
I would certainly agree, and wouldn't be surprised to see TD go against the deal in order to recover more of the money they invested. However, I noticed that 20% of all shares sold today came from TD, and they have bought less than 1%. On the bright side, there is 9.5 million shares on the bid side!
Comment by
fisherman7 on Sep 05, 2000 3:17pm
True, but TD buy and sells under the same banner but diffent sectors. It's been said before that buying Repap would provide a cheap entry point into the North American market for some Euro. paper companys.