RE:RE: Wef closes site sale Selling of non core assets is good news... it was expected to close and now it has. No hiccups. Definitely a positve imo. Increase liquidity and as indicated pay down debt and lower interest payable... more capital available to invest back into the mills. also imo reduces the liklihood of a dividend cut if earnings are a miss. Also my understanding was it was costing them just to own it and have it sit idle, they now have gotten rid of this cost without losing any currect production capacity.
Above is my opinion please do your own DD.