Western Wind Energy Corp V.WND

All shareholders can UN-tender

[degus]

their shares. You only have to tell your broker to "withdraw" them.

Then, if you feel like it, in 7 or 8 or 9 business days, you can decide whether you want to tender again...or you can wait until (if) Brookfield wins and then you could tender in the 10 days after the offer expires. If Brookfield "takes up" the share before the end of the offer period, you still have time to tender for the rest of the period and the supplementary 10 day period.

Notice Brookfield did not say how many more shares they need to get to the 50%, so the only way to give another possible bidder the time to make an offer is to ensure that Brookfield does not "take up" the tendered shares early, by making sure that there is less than 50% tendered. That is easy because shareholder that tendered lose nothing by telling their brokers to "withdraw" their shares.

You can always change your mind again and tender when it gets down to the wire.

Didn't the OSC not stop the tender because they didn't want to remove the opportunity for shareholders to sell? What does 2 rejections by shareholders tell the OSC? Brookfield is an insider and we all know it.

[modgil]

WHY ???????   and if everybody untenders, the bid will fail and then the share price falls back in the 1 dollar range.   How does that benefit the shareholders ?????

[Probability]

No worries the sharks smell blood ..... it will be done

[bakken13]

"if everybody untenders, the bid will fail and then the share price falls back in the 1 dollar range" ------------------------------------------------------------------------------------------------- That is the Catch 22.   Ain't this a hoot! :o)  

[Nakate]

There is only one way this gets any better.    Jeff it is time to release the hounds from the data room lockdown

[Probability]

that was not a valid excuse as they ran to TO when they thought BEP wanted to negotiate ..... let them see Yabucoa details and all .............thats where it went wierd for me ....the process was not followed by BEP but?

[degus]

modgil, I know you are talking your book and you probably have been playing arb. Or are a Brookfield mole. And there are a lot of unsophisticated people here that you can influence because you don't want them to think they can get more than $2.60. Anyone who believes Brookfield, doesn't pay attention to what they say. Brookfield has made more than one final offer and has already set 3

[modgil]

degus Yes I am playing arb on this one and there is nothing wrong with it. I welcome everybody to join in and play it. I am confident that BEP will take this and the arb is only going to get tighter as we go to Feb 21st.  Your comment as to  BEP might be bluffing their position of shares tendered, i will just ask you one simple question: Where is the 'alternative better

[degus]

I am guessing you have no idea of the cash flow from the various projects and the high rate loans that have crippled WND. You are an arb and don't care about fundamentals. You play the percentages not the fundamentals. That is fine with me, but your interest is NOT the same as the investors in this company. Yes, some of the last few investors in existence actualy own shares of a business that