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Bullboard - Stock Discussion Forum Ainsworth Lumber Co Ltd ANSBF

Forest Products Lumber & Wood Production

GREY:ANSBF - Post Discussion

Ainsworth Lumber Co Ltd > Do the Math
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Post by retiredcf on Sep 05, 2013 3:16pm

Do the Math

Some posters are wondering why the SP of ANS is doing so well. The answer is do the math. LPX is receiving all kinds of upgrades in the US. The deal allows ANS shareholders the option of taking 0.235 LPX shares for each ANS share. 0.235 x US$17 (LPX current price) = US$4.00. GLTA
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