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Bullboard - Stock Discussion Forum Western Wind Energy Corp V.WND

TSXV:WND - Post Discussion

Western Wind Energy Corp > Brookfield Renewable pegs Western Wind price at C$
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Post by pandnh4 on Dec 06, 2012 4:01pm

Brookfield Renewable pegs Western Wind price at C$

Comment by gettin2 on Dec 06, 2012 4:07pm
As they did not get into the data room the move should be a prompt to buy 
Comment by AdamWest on Dec 06, 2012 4:07pm
"Brookfield promised GCIC the upside if Western Wind ultimately sells for more than C$2.25 per share." All of the upside? Because if that is the case than agrossfarm's take on Brookfield hoping to drive up the share price seems unlikley. If they have to pay back the difference GCIC, they have no insentive to see the prices go up.
Comment by Probability on Dec 06, 2012 4:19pm
Good point Adam  I am certain they have an exact plan , but clearly have no clue what it is :  ( I fully expect over $3 and look forward to that feeling when the offer comes from ?????  
Comment by degus on Dec 06, 2012 5:02pm
Goodman controls Dundee, the seller to Brookfield. In the Brookfield announcement of the purchase of shares they say: "In light of the announcement by Western Wind that it has commenced a process to sell the company or its assets, Brookfield Renewable and the Vendor have agreed that if any party acquires Western Wind at a higher price by August 28, 2013, Brookfield Renewable would pay the ...more  
Comment by sultan66 on Dec 06, 2012 6:13pm
https://www.sec.gov/Archives/edgar/data/1271131/0001176256-12-000827-index.html
Comment by degus on Dec 06, 2012 6:39pm
Sultan, did you see anything about the Brookfield purchase of Dundee shares in that? I didn't. There are lots of SEC filings related to Brookfield, but I have yet to find one that refers to the deal terms when they bought Dundee's shares. If I missed it, could you quote the relevant part? Thanks.
Comment by AdamWest on Dec 06, 2012 6:48pm
Thanks! I guess it makes sense that they would have to give up SOME of their profits. What company would ever agree to take on all that risk without any upside potential. I appreciate your info.
Comment by Nakate on Dec 06, 2012 10:03pm
another link from that sitehttps://www.snl.com/InteractiveX/article.aspx?cdid=A-16522854-12844&KPLT=8