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GreenFirst Forest Products Inc. (ICLTF)
Other OTC - Other OTC Delayed Price. Currency in USD
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50 reactions on $ICLTF conversation
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I LONG FOR PROFIT. WHEN $10 HIT? I SEE PRICE OF 2X4,,, BIG PRICE! BIF PRFIT!!
Up 3% YTD
It's a bargain today - a 10 percent discount. Surprised there aren't more buyers.
Late bounce back justified? Hm . . . tomorrow should be interesting. Looks like traders chasing price and not the words coming out off the mouth of management. Expected production drop compared to same quarter last year, transportation issues, living dangerously on high lumber prices . . . well, well, well, this really should be fun to watch.
so it's at like 3x earnings, rapidly delevering....next stop 3 dollars?
Still a solid 17% above the 52 week low.
I hope it’s not because they open the market today! Lol, Never. Do that. Again.￼
groove is in the heart
Interesting times ahead - Paul Rivett joins after spending years at Fairfax, which is a large shareholder in RFP - so he understands the business.
what is with the drop on earnings report?
What happened today? Why the 50% drop?
Short time for Rights.....
5. How long will the rights trade?
The rights will remain open for exercise until 5:00 pm (Eastern time) on July 30, 2021. The TSX Venture Exchange will cease trading of rights on the Exchange at 12:00 noon (Toronto time) on this date.
We caution that, if you are a beneficial holder, your participant (being a bank, broker or other intermediary) may have additional procedures and deadlines. You should contact your participant to confirm inquire about their specific procedures and deadlines.
Lumber down from what $1,700 or $1,800 to under $800 now w/no bottom in sight?
Rights are falling back to ZERO!! Stock will be at new Lows by end of Summer!!
Company trying to pull a fast one by offering Rights and diluting stock for more cash!
No revenues and they burning a lot of money for nothing!!
From $11 High to just over $2 ??? This is DEAD money... :(((
rights offering. buy or not?
They are out of cash - again ! This is why the 'Rights' > they need investors to buy more stock !!
The Rights are being issued pursuant to GreenFirst's previously announced rights offering (the "Rights Offering") for gross proceeds of up to approximately $167,500,000.
2.36 for stock (V) and 0.80 (3x)(V) for rights > so stock is basically 4.76
less than half on announcement of buying a mill
something not right here.....stock exchanges hitting new highs and this keeps tanking??
Why price drop???
Who’s shorting this today?
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