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Bullboard - Stock Discussion Forum Ainsworth Lumber Co Ltd ANSBF

GREY:ANSBF - Post Discussion

Ainsworth Lumber Co Ltd > Not thrilled, but
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Post by ferret_ca on Sep 05, 2013 3:22pm

Not thrilled, but

I  just sold my position after pondering holding lp. We just lost  possible huge upside in the next year or so imho. am suprised the offer was this low and management along with brookfield approved it, especially after trading at these levels mere months ago. they are obviously happy to hold lp shares insteda of going it alone. I own ifp.a and canfor and will redeploy this cash elsewhere. as they say a bird in the hand.......... anyhow a nice gain and ans has been very good to me so good luck to those that hold, I really don't see a higher bid coming in with the management approval, but hey, ya never know.
cheers and gl ferret
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