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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by sultan66on Jan 07, 2013 10:35am
170 Views
Post# 20805267

RE: RE: RE: RE: RE: sultan66

RE: RE: RE: RE: RE: sultan66

When did they say it had to be an all cash deal.?Our shares are being sold but nobody said it had to be an all cash deal. the buyer could make a part share part cash offer to limit dilution. They could also do a share issuance, get it subscribed to, then turn around, and use that cash for an all cash offer. However, because time is of the essence, it is possible they would offer whatever disposable cash on hand say $2 per share plus one share of the buyer, or even have one of their shares for 3 WND shares depending on the current trading price. Since we do not know who our suitor may be, this is possible. Management only said that they would present the highest offer. If you don't like the buyer's shares turn around and sell them at market price and you should be getting the same end result without them having to have their share issue subscribed to first. I realize this is not as likely, but I just used this scenario for my bid prediction.

 

 

 

 

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