1) If LJ needs to be sacked, why do it toward end of June when there will belling pressure if a stock does not do well. BOD should know that and if acting on the interest of the SH would have delayed the sacking. 2) The mill replacement value is $175M on its own and why does BOD recommend selling DCN for $111M. 3) Why does the GMD/DCN presentation had misleading figures on the DCN cash position? It was recorded as having more debt than cash on hand when it was not. Is it to cast a big doubt on viability of DCN and to spook investors to sell?
It stinks.
DCN Price at posting:
9.4¢ Sentiment: Hold Disclosure: Held
