Post by
jidamo on Dec 01, 2011 9:44am
Low Ball Take Over offer
It seems to me that Resolute are taking advantageof current market conditions and trying to steal FBK at a deep discountprice. After all FBK was trading north of $1.60 not all that long ago.Not sure I would want to tender at this low price. Any other shareholderswith their comments?
Comment by
gavitron on Dec 01, 2011 4:03pm
Agreed. FBK is way better off than others and thats probably why Resolute wants to try to get ahold of it. We'll be fine on our own, the future is bright.
Comment by
2nounours on Jan 18, 2012 2:20pm
DO NOT TENDER. There is Nothing to gain in tendering. Abitibi, Bowater, now Resolute... everystep and change in name have been a dilution of shareholder 's value. Fibrek has a good business model, At current price it represent good value, especially with the new power generation at St Felicien.
Comment by
oddykog on Jan 19, 2012 3:22pm
There is very little action in Fibrek at present despite the imminent expiry of the Resolute offer. I suspect Resolute is going to fall short of its percentage of Fibrek at the close of trading tomorrow.