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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by eljoroon Jan 30, 2011 11:16am
326 Views
Post# 18046974

RE: RE: A point of comparison

RE: RE: A point of comparisonIf the share buyback price is announced at anything less than $2.00 I would guess that the company will have a hard time finding 20 millions shares to buy, and any price estimates based on post buyback float size should probably be much higher than 35 million shares outstanding.

Regardless, we'll know within the next two months (buyback detals must be announced before the end of this quarter, according to WND press releases) and valuing the company going forward will be a lot easier to do.

And if we're not substantially higher than current share price 12 months from now I will eat my proverbial and actual hats.

El Joro
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