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[sharechat] FFS and RBC

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Mon, 23 Jul 2001 18:25:02 +1200

1. A web site reported that the CEO of FFS while in Europe, had mentionened that the stock ought to be worth at least 45 cents now. It rose to 33 cents, today.

I mentioned previously that the NTA value was about 57 cents / share.

2. I also suggested that there could be some quick buying back of RBC shares.

An article quoted the Receiver saying that he thought that the sale of the outstanding CNIF forest should be completed before the end of this year.

( At one stage I thought that the Receiver was waiting for some signs of a pending recovery of log prices in order to get a better price ).

It is therefore possible that RBC Directors will have more time available for a buy-back.

Gerry

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