RE:RE:RE:Below $10.25 and sinkingBmbruce...I do support people being cautious especially if they don't have a fundamental sense of their investment. Good for you to point that out as one should be cautious.
The 27.5% return Starboard Value has achieved (per CNBC report) includes both successes and failures. So their successes have been more spectacular than 27.5% is what simple math would say if there's failures in there. In AQN's case the Kentucky acquisition was abandoned which caused most of the grief early on. AQN has already started the "strategic review" of the Renewable portfolio as disclosed in their news releases. Starboard Value is merely encouraging them to move along and set some parameters and guidelines for the Renewables review within their letter of a few days ago. So AQN's largest shareholder has set some performance targets and goals and made them public. I like that in a situation where significant criticism of management's abilities has dropped the share value. Follow the road map laid out and we should arrive back to the share price we were at. Nothing is risk free so make your own assessment. I for one feel pretty good with the current risk to get back to the $14 a share range. GLTA