Western Wind Energy Corp V.WND

important: don't let Brookfield confuse you!

[bart_dc]

Brookfield states they already have 44% of the shares required (50%).

 

This DOES NOT mean they 44% of outstanding shares!

This means they have 22% of outstanding shares backing their bid. This number includes their own shares (15.3%) and 6.7% other shares they locked up!

This is a VERY confusing PR of Brookfield. They obviously did this on purpose. 

 

No worries, you don't need to tender, they won't reach the 50% anyways if they hold 22% currently...

[gettin2]

It is clear they are going out of their way to mislead and manipulate 

[Intravires69]

Agreed, that will confuse some into believiing they have 44 % (close to the 50% required)  of the required shares.  They didn't even get close.