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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Post by bakken13on Nov 29, 2012 11:54am
218 Views
Post# 20660563

End Game

End Game

Just remember one line:

"The Company would like to highlight that some of the initial expressions received from auction participants that are currently conducting due diligence in the second round of the process, would imply a value significantly greater than that which Brookfield intends to offer."

 

Now, of course, WND followed up with the standard disclaimer that the above statement is meaningless, just to make sure their butts are covered.

 

But, by making that statement, WND has raised expectations that we will get a reasonable price for our shares, and the deal will be completed.

If WND does not deliver, they will have a lot of explaining to do, and there is a very good chance that managment will get turfed out for real this time.

 

So, I have a hard time picturing a scenario where we are not rewarded for our patience.

My $3.50 share price estimate is based on pretty conservative calculations, so we could go quite a bit higher.

$4.50 would be very nice.

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