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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.


TSX:WEF - Post by User

Bullboard Posts
Comment by mariorizzion Jan 11, 2009 11:09pm
441 Views
Post# 15697907

RE: RE: RE: Not much stock in the public float.

RE: RE: RE: Not much stock in the public float.Look man, these are not views, these are facts and mine are taken directly from the prospectus. Your numbers are not from the prospectus.

Tricap = 58.7 million shares + 84.5 non voting shares = 143 million
Harbinger = 38.9 million shares

So, if the company has 204 million shares outstanding (voting and non voting), then Tricap has 70% (143/204) and Harbinger has 19% (38.9/204)

These numbers add up to 89%. The rest are held by others, (CIBC with 4 million) and the public.

Bullboard Posts