RE:TD"The implied capacity multiple of US$521/Mfbm is a 19% premium to U.S. sawmill precedent transaction over the past decade"
They paid only 19% more than the average transaction over the past decade...when the futures strip is over 100% more, and most analysts expect the longer term price to be 25 - 40% higher than the past decade.
That's a good buy and taking full advantage of the "end is nigh" sentiment pricing this stock.