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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Post by bart_dcon Jan 28, 2013 9:18am
207 Views
Post# 20898219

important: don't let Brookfield confuse you!

important: don't let Brookfield confuse you!

Brookfield states they already have 44% of the shares required (50%).

 

This DOES NOT mean they 44% of outstanding shares!

This means they have 22% of outstanding shares backing their bid. This number includes their own shares (15.3%) and 6.7% other shares they locked up!

This is a VERY confusing PR of Brookfield. They obviously did this on purpose. 

 

No worries, you don't need to tender, they won't reach the 50% anyways if they hold 22% currently...

 

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