Western Wind Energy Corp V.WND

Devil's advocate

[Fastlane2]

Hey Probs, looking at this quote, has it made you wonder/think that maybe Western wants Brookfield to drop the bid so that the share price can and will fall giving an opportunity for those companies interested to buy shares cheaper and at a discount? This would allow those companies to dollar cost average at a reduced entry point thus incorporating a shake out of Brookfields shares? There definitly is a hidden agenda or game being played here. GL.

Fastlane

 

"Brookfield, as a large minority shareholder and an insider making a hostile bid, has had the effect of discouraging other potential bidders from proceeding because of its ability to outbid potential bids, with its lower cost average
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?s=wnd&t=list&m=32168517&l=0&pd=1&r=0#HfSaWwtQ3fAr6yMZ.99

[ching819]

I don't buy the idea that a potential bidder would be discouraged into submitting a bid simply beacase BEM has succeeded in lowering its average cost per share. For crying out loud, if you WANT something, you GO FOR IT. And you have Plan B in your back pocket. Simple as that. But you don't walk away, right ?   Jeff, please, we need some kind of progress report. Tired of walking in the

[Fastlane2]

I agree with you ching, I've been involved in many take-overs as a shareholder and I've never (NEVER) seen any company back down that was interested in the pursued company. Jeff and Western do have a hidden agenda here and it will come out in the wash eventually. I don't buy Jeff's accusations on Brookfields advantage, if anything this should be working in Westerns advantage and

[bakken13]

"I don't buy the idea that a potential bidder would be discouraged into submitting a bid simply beacase BEM has succeeded in lowering its average cost per share." --------------------------------------------------------------------- I don't buy it either, as once the dust settles, BEP's cost per share wouldn't be materially less than any other bidder. BEP doesn't own

[Probability]

I have no clear idea , but if it almost seems like Jeff gave info that would lead people to tender  giving up without losing face ? - Bridgejumper whatever makes you think I dont sleep about any investment/trade is beyond me .... but when you post blind faith in Jeff it is mind boggling  - BEP.un will not just walk away ????? That makes no sense ,,,,,,,,,,maybe they just want to chuck

[agrossfarm]

That seems a logical analysis, Bakken. Perhaps you should send it to WND.

[Probability]

But Bakken there is no other bidder ?? It will be dead money or BEP.un  "The only solution is for Jeff to get the #1 bidder in the process, and somehow convince them to enter the fray. He needs to let them know that it is now or never. If nothing else, they would get the satisfaction of making BEP pay a lot more for the aquisition. Without that, we either sell for $2.60, or sit on

[impega]

Jeff's hidden agenda is not so hidden. He wants the highest sale price possible for the company. At the very least he wants at least $3 a share which would trigger a nice bonus for himself. I would take $3 a share too.

[SergeBrunet]

I agree with you Bakken13 on your analysis. I think that the PR should be factual and neutral.  These comments make it like they are twisting arms to get a LOI.  The private bidders know what they have to do in order to get the assets.  BEP's offer or presence, as any large shareholder, ensures that no one else makes a lowball bid.  Anyone entering the frey will be a

[Nakate]

Brookfield is not screwing up the bid process for Rothschild they are ensuring that we get the best price possible as they will have to be offered what it is really worth to tender to a better offer.  So Brookfield black mails the independant shareholders with a low ball bid trying to steal the company while forcing management to find a buyer that is willing to put up with or buy off

[modgil]

- Facts please, where are you getting this information that BEP is forcing WND to find another buyer ?? If you are just making it up, please state so !!

[Nakate]

Nobody is being forced to do anything it is the  game that is being played by Brookfield,  Brookfield will not sell to another buyer for 2.61 will they?  No they will hold out for more knowing that many independent share holders will never take 2.61,  so In order for management to sell the company they have to get a bid that Brookfield will accept which is a lot more than they

[Nakate]

Who here thinks Brookfield would sell its stake for 2.99 or less?   I don't  so if that is the case then who is the real problem with this whole process?  If not the company or Brookfield it is the Arb's and Shorter's and Trader's that will probably pound the ell out of the share price if Brookfield moves to the sidelines. If the market won't back up the company

[modgil]

Nakate Don't get me wrong. I will like to get more than 2.60, the higher, the better. But, I also look at things from a realistic bent. Right now, BEP holds the royal flush. I re-read the WND NR in detail. They have nothing constructive to report except beating the same old drum. On the contrary, they admit that they believe that BEP's presence is going to hinder any "Potential'

[impega]

Modgil here are the facts: BEP offer at $2.50 Failed BEP offer at $2.60 Failed Fill in the blank:  BEP extended offer at $2.60 will _______.

[ching819]

5.18   !!!!!!!    

[Nakate]

Yep I agree this game stinks and the all choices are all ugly just like with politics,  but we have to chose and choosing the one who offers the most money is usually the wrong choice in these circumstances. Never the less we are being forced too pick one. And behind door number 3 is .... Freddy the axe murderer  lets see what is behind door 2 oh Jack the Ripper whew and door # 1 it is

[modgil]

Impega, let me put this in a better way: BEP offer at $2.50 Failed BEP offer at $2.60 Failed BEP extended offer at $2.60 will  "Pass/Fail" BEP offer at 2.60 passes: Everybody gets 2.60 Bep offer at 2.60 fails: Impega and the gang take it hard and rough , without vaseline, in their a### !! There... Happy now !!  

[ching819]

Modgil I like your style !!! Whooppppeee ding dong. No vaseline. Ohhh baby you know what I like  ! When can we get together, so to speak, Send me an email, sweetie. ASAFP.