actually this deal is not bad for FVR just management should distribute everything left to the shareholders instead of "continue to pursue further high-growth opportunities in renewable power development". after selling BC projects FVR is actually a shell company. based on my calcualation we should have around 25 millions left after deal go through and get the payment from Cloosh Valley sale. we should urge them distribute money to us shareholders around 65 cents per share. no more other high risk wind projects please.
I hope some big shareholders can form a dissident management team who can garantee some of our money back. I have no faith for current one.