Forum Archive Index - April 2000

[Andrew Cooper <ACOOPS@xtra.co.nz>]

To add to what has been said there is a difference between what something is
worth and what is been paid for it.  In this instance a drop in the sharemarket
has nothing to do with what the company is worth to the buyer.  Share value is
only one measure of its value.

Mike Hudson wrote:

> Nick wrote
>
> "If world stock prices fall significantly, ie 20-30 % (old economy)
> would the Norwegians still want to pay 2.50 a share for forests?
>  nick"
>
> As far as I am aware the deal is set in concrete unless either party cannot
> get the regularity agreements from their respective governments in which
> case the "guilty" party has to pay $200m to the other. So I should think the
> deal will go ahead, at least I hope so or my purchase of FLP last week will
> look pretty sick.
>
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