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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by agrossfarmon Sep 24, 2012 1:55pm
160 Views
Post# 20407460

RE: RE: RE: quite intresting

RE: RE: RE: quite intresting

I don't see why the results of the shareholder vote will move the stock, either way, regardless of the number of Pollyannas on this Board. 

Both sides say they want to sell the company.

There is zero proof (but lots of propaganda) that one side will get a better price than the other (although as you point out, only one side has already voted themselves bonuses for getting a higher price...but that money has to reduce money available to send to shareholders).

If anything, the end of the pre-voting period stops WND from wasting shareholder money fighting the dissidents so maybe the stock goes higher no matter who wins...because uncertainty declines a bit. 

If you think you can explain why the share price will go DOWN after the vote, please explain, because I can't see shareholders selling at $2.50 or less when both Parties to the Proxy Fight are going to see the company for more than $2.50. 

IMO, of course.

 

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