RE:RE:RE:RE:RE:NO CONTRACT = LOWER SHAREPRICE ....The share price could tumble to 40 cents and it would not make WEF more or less profitable. It does not affect westerns financial strength or weakness. Private companies like Tolko have no listed share price and they are very financially secure.
The Pattisson Group Save on Stores , Canfishco and the other 57 + companies Jimmy owns have no share price declared and they are just fine.
Management is doing exactly what the majority big volume share buyers or investors want. Share price is dropping, company is still in great financial shape. It's asset B/V is $1.58. Nornal high trading range for the forest industry is 1.8% > B/V . That makes the future expected eventual high with the reduced share count in the $3.18 to $3,25 range.
So as long as the financial stability of the company remains solvent . The lower the share price drops with this strike the better the entry point for maximizing profit. The same institutions who may have offloaded now or higher will be back in at lower prices for profit. That is the difference between uneducated retailers and financial managers.
Retailers buy the hype and sell from fear after price drops. Fund managers buy after the drop and sell the highs. There is no fear of not having institutional participation here when it finally bottoms. I would suggest it is the institutions who have sold and shorted WEF driving down. When they cover their shorts they will then reverse strategy and go long for the ride back up.
Easy to tell you are not very astute when it comes to market strategy.