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

TSXV:WND - Post Discussion

Western Wind Energy Corp > Questions !!
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Post by bustarhymes on Feb 20, 2013 2:23pm

Questions !!

For all the shareholders who have not tendered so far !!

1). If no "alternative bid" emerges by end of day today, it is obvious that no other party is interested, are you guys still holding on to your shares v/s tendering them ??

2). If you decide to wait till tomorrow, and your broker is not able to tender your shares by the deadline, what are your plans then ??

You guys do realize, that if the bid fails, this is only going down.

What is making you so sure that we are getting a "better offer" coming when all evidence points otherwise.

Let's make this discussion civilized. No stupid arguments please !!

Comment by j_mart on Feb 20, 2013 3:14pm
This post has been removed in accordance with Community Policy
Comment by bustarhymes on Feb 20, 2013 3:20pm
j_mart That argument is weak. Why do you think BEP will offer more money. They are not competing with another bidder. In fact, WND admits that BEP is the only "bidder". WND also admits that as long as BEP is present, there will be no other "Bid". BEP extended the deadline but did not increase their bid price. They have also been very specific in their recent NRs that ...more  
Comment by modgil on Feb 20, 2013 3:27pm
Hey Busta Stop being ao polite and  thanking these fools.. They won't understand !! But don't you worry !!... BEP will win and in a weird way, these fools will also get a chance to make some "real money" !! LOL !!
Comment by impega on Feb 20, 2013 3:28pm
J mart's argument is one possibility of three: BEP fails at $2.60 and walks BEP succeeds at $2.60 BEP fails at $2.60 and bumps their bid. BEP as the largest shareholder has the most to lose if the share price plummets, so it is not unrealistic to think they may bump their bid to protect their investment.
Comment by bustarhymes on Feb 20, 2013 3:33pm
Impega So, from what I get based on your reply is that shareholders holding on to their shares have a 33% probability to get a higher bid (1 in 3 chances). But a 66% chance of failure. And if the bid fails, the stock goes down significantly, as per your earlier response. As an astute investor, would you bet on a 33% probability of a successful outcome when you know that the 66% probabilty of ...more  
Comment by impega on Feb 20, 2013 3:48pm
I don't know the odds on each outcome but it is completely a gamble at this point whether you have tendered or not. If the outcome was certain the shareprice would tell the story. If BEP success was certain or imminent the shareprice would be closing the gap to $2.60. As you can see the price is stuck between 2.37 and 2.39 which tells me the outcome is still up in the air.
Comment by bustarhymes on Feb 20, 2013 4:29pm
Impega The question is not about the outcome. We know that we will get the answer after tomorrow. The question is why not to tender and lock in the 2.60 which is on the table. Thanks.
Comment by impega on Feb 20, 2013 4:45pm
In my opinion, given the risks, tendering at $2.60 is an option worthy of serious consideration. It is a decision to made by each investor according to their risk tolerance.
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