Post by
downwithdotcom1 on Dec 14, 2021 1:54pm
cme lumber futures now above $1100...
...shaping up to me a monster recovery in prices and by extension, year-end results setting up for a potential special dividend payout...happy holidays...dwdc
Comment by
canuckstocks on Dec 14, 2021 9:43pm
with over 50 Million in cash saved I think they would have done that by now. I'm guessing they're looking more at an aquisition, or even to buy a ton of lumber when prices return closer to pre-covid levels so they don't overpay at this time when everyone is prospering and lumber is insane. time will tell
Comment by
downwithdotcom1 on Dec 16, 2021 8:55pm
...IMHO, there is 2 destinies for TBL - either being taken PRIVATE or sold - the major shareholder has gone thru alot of trouble acquiring 70%+ of the shares.the relative costs to keep this company public NO LONGER MAKES SENSE..company stated that potential divis would be looked at semi annually...dwdc