CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

RE:RE:RE:RE:The Potential Future of Canexus

[Kherson]

ocean112 wrote: I think its a question of timing.  They may be able to get book value ($292M for Chlor Alkalai and $250-$300M for NATO - but i'm guessing Doug will hold out - even into 2016 - to get the right price for the assets - I get the sense he won't want to dump these at the worst possible time if he doesn't have to - hence - more downside for the shares.  But if oil recovers into 2016 and 2017 as the pundits suggest - Doug will be better positioned to sell.  Thats where I expect a recovery.  

The Price is Wrong
Actual Retail Price: $75 million...
Looks like Ocean112 overbid on his showcase by a factor of 4!
Kherson