NCIB cooling down nowThey've used 1.4 million dollars to buy back 922 thousand shares so far in the months of December and March. No shares were bought back and cancelled in April. They had 10 days to disclose it since the month started so today was the deadline. But we have seen Ken selling insignificant amounts this month.
However IFP, WFG and WEF did quite a bit of share buybacks. For more established lumber producers my money is on IFP and CFP. Analysts price targets are pointing to a lot of upside and that is associated with $650 lumber in 2022. Just imagine when these analysts realize $1000 lumber is here to stay for a while.