Forum Archive Index - April 2000

["nick" <acummin@es.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.

       Im not so sure, they could decide in the event of a world crash that
there were more bargains available, why pay 2.50 a share for paper when
there
would be opportunuities to buy huge chunks of other companies at bargain
basement prices.
       A crash would also end the recovery in asia etc so demand for pulp
etc would
drop, and a world wide recession could follow. If this was a possibility i
doubt
very much they would still want flp at 2.50 a share



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