Post by
boutros on Feb 18, 2013 11:29am
Tendering or not
My personal view on this matter is the following. The last few months have been an ongoing battle between the sharks and WND. The first round was lost by SAVITR which was for selling the company for 2.50 and now the second battle is for a hostile takeover for 2.60. If the majority of the shareholders did not change then the outcome of the second battle has been already decided. There was no material change between the last vote won by WND and this round. There is a lot of gossip and theories including defamation and war of words but nothing else. The psychological war to scare the shareholders only works on traders but not investors and that is the real problem that Brookfield is dealing with. The rules are simple, any buyer of a utility company must abide by a real valuation of the company before putting their money on the table. Unfortunately WND will not be sold until a serious buyer abides by the sales process that is in motion or offers a bid close to a third party independant valution that gets approved by the majority of investors. Anything else is a waste of time and energy.
Comment by
bakken13 on Feb 18, 2013 11:34am
This from someone who joined Stockhouse a whole week ago, and again provides no supporting information to back up their "recommendation". Another poster with ZERO credibility.