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GreenFirst Forest Products Inc. (ICLTF)

Other OTC - Other OTC Delayed Price. Currency in USD
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1.1200-0.0500 (-4.27%)
At close: 03:54PM EDT

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  • S
    Sam
    Waiting for Canfor's tender offer, with almost 2 Billion in the bank, it's inevitable
  • S
    Smurf
    Interesting times ahead - Paul Rivett joins after spending years at Fairfax, which is a large shareholder in RFP - so he understands the business.
  • A
    Anonymous
    What happened today? Why the 50% drop?
  • I
    Isu Vera
    Just a matter of time, maybe months, before Paper Excellence subsidiary, Domtar, buys them out. Just bought all of Resolute Forest Products. Could also be Interfor, who just bought out EACOM Timber. Might be a good buy and wait if you have the coin. The Resolute shareholders were paid a MASSIVE premium.
  • D
    Dale
    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.
  • D
    Daniel
    Wood is the next “gold”. Construction supply requirements for renovations and particularly new structures in the coming years have long been underestimated by so many who have made or are about to make their most important and significant investments.
  • R
    Robo
    Lumber down from what $1,700 or $1,800 to under $800 now w/no bottom in sight?
  • D
    Dale
    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... :(((
  • D
    Daniel
    Great opportunity at this ultra low price, considering great P/S and P/E ratios.
  • j
    john
    rights offering. buy or not?
  • b
    biff
    I LONG FOR PROFIT. WHEN $10 HIT? I SEE PRICE OF 2X4,,, BIG PRICE! BIF PRFIT!!
  • D
    Dale
    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.
  • I
    Isu Vera
    It's a bargain today - a 10 percent discount. Surprised there aren't more buyers.
  • G
    GG
    Say what you will. This is hanging tough.
  • G
    GG
    Up 3% YTD
  • D
    Dale
    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??
  • A
    Adam
    so it's at like 3x earnings, rapidly delevering....next stop 3 dollars?
  • I
    Isu Vera
    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.
  • I
    Isu Vera
    Interesting company but take some time to read their history and follow all the stock options and buy-ins that were included as part of this purchase from Rayonier not long ago. There could be some significant stock dilution coming. Just saying, but I like the company. Has a lot of potential.
  • G
    GG
    Still a solid 17% above the 52 week low.