RE:Takeover???I am thinking a same.
Canfor owns 55% of shares. CFX not a income trust anymore. No reason to separate.
Total shares 66M
Remaining shares 30M
CFX Book value per share: $5
I am thinking $3~5 offer. Jim tried to privatize CFP at book value of $16.0 in 2019. LOW BALL GUY.
CFP only needs 90M~150M to privatize.
H20 and Indio book privatization price was (different sector) Just checking the price.
H20 Innovation: $4.0
Indigo: $2.50
Both were penny stocks.
H20 innovation had $1.0 book value per share
Indigo had negative equity.