Exceptional financial managment2 years ago, Interfor acquired 16% of Greenfirst Forest Products (GFP) at $2 per share.
Today, Greenfirst Forest Products (GFP) trades at 75% less.
Now would be an opportune time for Interfor to acquire the remaining 84% of GFP so it owns it all.
Oh wait....Interfor effing blew all of its cash on stupid investments and can't afford to do that right now.
Way to blow the once-in-a-lifetime pandemic lumber gift that the company received.
Thanks a lot Ian Fillinger, CEO and Richard Pozzebon, CFO. Great financial management.
Ian Fillinger made $4.4 million in 2023 and Richard Pozzebon made $1.9 million. What in the F?
For the love of god, fire these two incompetent bozos.