What Happens... 1). - If BEP gets the required shares tendered by end of Monday: The stock price immediately go to $2.60. So anybody who bought today is in for a quick 10% + gain in 1-2 days !!
2). - If BEP does not get the required shares tendered by end of Monday: The stock price, according to the management, should go up (above $2.60, I assume) because now WND will be open to an auction process. So anybody who bought today is in for a quick gain of more than 10%+ in 1 -2 days !!
- I strongly feel that option 2 is not going to result in a higher share price.
- I feel option 1 is more realistic and highly probable, and that is why I tendered my shares today...