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

TSXV:WND - Post Discussion

Western Wind Energy Corp > Do not tender
View:
Post by Samdm on Jan 22, 2013 9:01am

Do not tender

If you don't tender they offer more !

 

Seven parties remain in the process and continue to have access to the data room. Some of these parties have an interest in an individual asset, while others are considering an acquisition of the Company as a whole. Further, the Company is continuing to negotiate non-disclosure agreements with a small number of qualified parties to gain access to the data room. If they enter into the auction process, these parties will likely not be in a position to provide their views on value for several weeks.

Accordingly, while a financially superior offer may be made before the expiry of the Offer, the Offer is the only offer to purchase all of the outstanding Shares that is open for acceptance by Shareholders at the date of the Supplementary Directors' Circular. Shareholders who are attracted by the certainty of an opportunity to sell their Shares for cash at this time may prefer to accept the Offer. The Board of Directors does note that the Company's assets are infrastructure assets generating power under long term power purchase agreements. Accordingly, the value of these assets is not expected to be diminished by the success or failure of the Offer.

Comment by CanackShack on Jan 22, 2013 9:13am
This post has been removed in accordance with Community Policy
Comment by dirac on Jan 22, 2013 9:13am
this circus has taken to long , you can see almost every day big companies like Iberdrola, EDF...investing in wind energy in the USA. I don't understand wy It has taken almost 6 months to take over this minow, and we are not finished yet...
Comment by Probability on Jan 22, 2013 9:17am
you also pump FVR they just paid themselves today ??????? Good gp on that one champ
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