RE: No believers for the...Cardinal, I agree that there is without a double a battle going on between WND management and AQN. But it's very clear that neither side is painting the full picture. AQN's scheme to execute their hostile takeover caught the attention of WND management and loyalists; on the other hand, the offer was not formalized; on the other hand, AQN solicited the offer to select shareholders with the 'intent' to takeover the company, which they do not deny, and have even secured a lock-up agreement with some of the largest shareholders.
I am for one more interested in the potential shakeup in management then the legitimacy of the bid. I think the bid offer is as real as it gets even though you may think otherwise. The change in management will inevitably change not only the management mentality, but more importantly, its vision, and consequently, it's share performance and behaviour.
Although Jeff may claim to be siding with shareholders, it is primarily a last ditch attempt to continue his iron-fist rule over the company. His vision does not bode well for day traders and short-term investors with investments horizons less than a year. It is clear he wants to build a legacy, a mammoth alternative energy company that spans continental USA, but this does come at the expense of growing pains with shareholders that are expecting reliable returns.
Regardless of what happens, I believe that once WND gets Windstar up and running, it should consider issuing a small dividend, maybe 1-2%, given that revenue will steadily roll-in. This should provide long term investors more of an appetite to stay long in this company, and aid in the longterm goals set by management.