Post by
dirac on Oct 13, 2011 12:12pm
AQN
the WND price stays at 2.05 - 2.15. Why is AQN not buying all the shares it can at these prices instead at 2.50 ?
Comment by
babloo on Oct 13, 2011 12:25pm
guys..cmon some of the comments are bordering on irrational....wat would happen if Algonquin started buying millions of shares on the open mkt you ask? the price would go thru the roof with the buying....normal supply vs demandthat is why it cannot be done on the open mkt
Comment by
impega on Oct 13, 2011 12:47pm
I can't see AQN not being successful if there is no other bidder. They have quietly accumulated shares and have "locked up" a major shareholder. They can continue to accumulate shares in the market quietly as there are still willing sellers at $2.05 to $2.30. The only way they fail is if they are outbid. They won't settle for a minority interest in my opinion.
Comment by
Firefighter88 on Oct 13, 2011 1:24pm
i can't see the bid being succesful ! there is to much value in this company to be bought out at $2.50 ! anything under 5 per share is a crime ! if the company is taken over at 2.50 jeff will lose millions in the big picture ! remember when jeff said he wanted to grow the company to market value of 4 billion ?
Comment by
impega on Oct 13, 2011 1:30pm
So you expect another bidder to emerge? Any ideas as to who?
Comment by
Firefighter88 on Oct 13, 2011 6:14pm
i expect jeff will not let this company get stolen from right under his nose !!! there is to much money to be lost by everyone if this takeover bid goes through ! $2.50 i make a good profit , $8 to 10 i make big money and so does everyone else ! there is a lot of people in the same boat including management !!