Post by
forkliftguy on Feb 10, 2022 12:51pm
Resolute Forest Products liquidity
RFP trades on both the TSX and NYSE . The volume in New York is always much higher than that in Toronto . I own my shares in U.S. dollars which I bought on the NYSE . Fairfax Financial owns 40 % of the shares and other insttutions own roughly another 50 % of the shares . Basically there are about 7 million shares or less in the hands of small investors like myself . I really like RFP and think it is deeply undervaled . I won't even think of selling any of my shares until we get to at a minimum 20 dollars U.S. per share . Just one old retired salesman's opinion .
Comment by
sunshine7 on Feb 10, 2022 1:23pm
Thanks. Very interesting. Probably explains the reaction after last report. So what do you think will be the catalyst to move this forward? Lumber prices are not getting the respect they deserve considering price of lumber.