Fibrek Inc FBKZF

RE: Solid Pricing continues

[FFHWatcher]

That's funny.  Up 13% and no posts.  It is obvious that the holders of this company are pretty reluctant to let their shares go.  In order to accumulate a measly 500k shares (out of 130M), price popped 13% on no company specific news.   Shareholders know it is worth a lot more. 

They spent more than $5./share just buying their mills 5-10 years ago.  Currently trading at $1.30.  Value is between the two?  Normalized p/e is likely at about 3-5 (maybe even less than 3?) right now, depending on what your guess of normalized pulp prices are.