NWF - NZ Windfarms

[JAYAY]

https://nzx.com/companies/NWF/announcements/291417

Those people who wanted Vector out of the way have got their wish.
Now what!

[Flugenbear]

Rather short notice....something's going on.
I don't know a lot about Simon but 8 years as Group Chief Executive for Vector you'd think he'd know a thing or two.

[Blue Horseshoe]

Flugenbear;642173]Rather short notice....something's going on.
I don't know a lot about Simon but 8 years as Group Chief Executive for Vector you'd think he'd know a thing or two.[/QUOTE]

Maybe a complete take over offer coming from Vector, board has to be impartial ?.

[ados_nz]

Flugenbear;642173]Rather short notice....something's going on.
I don't know a lot about Simon but 8 years as Group Chief Executive for Vector you'd think he'd know a thing or two.

Maybe a complete take over offer coming from Vector, board has to be impartial ?.[/QUOTE]

Could someone smarter than myself clarify/speculate what would a complete takeover from Vector mean for those holding NWF?

[BlackPeter]

Maybe a complete take over offer coming from Vector, board has to be impartial ?.

Could someone smarter than myself clarify/speculate what would a complete takeover from Vector mean for those holding NWF?

Not pretending to be smarter than yourself (well, I don't know ...), but a takeover of NWF by Vector would make lots of sense - they could immediately move towards profitability, just by removing the management overhead and NZX listing overhead.

Question is - how much of this money would they be prepared to share with the other share holders (vs keeping it for themselves)?

Current SP is 7 cents, NTA (reflecting long term earning potential) is 14 cents, though should be more for VCT, given that they could save a lot of money by just turning them into a Vector department;

Just speculating - but might end up with an offer somewhere in the (early) 10 cents (maybe 10 to 12), however obviously only if VCT thinks that NWF is now "de-risked" enough in terms of resource consents and neighbourhood disputes to be happy for them to put their name on the company ...

[kiora]

Maybe a complete take over offer coming from Vector, board has to be impartial ?.

Could someone smarter than myself clarify/speculate what would a complete takeover from Vector mean for those holding NWF?[/QUOTE]

It would mean adios NWF and for those holding you may or may not be rewarded but hopefully you are more likely to be rewarded than not.

[JAYAY]

Some encouraging comments from you guys.
I would love to think you are right.
I would even be happy to take Vector shares as payment.

[JAYAY]

https://nzx.com/companies/NWF/announcements/291617

Sudden and immediate resignation by Simon McKenzie followed immediate appointment of Sean Joyce - who looks like a very high powered apointment.
Definitely something brewing.

[JAYAY]

https://nzx.com/companies/NWF/announcements/291773

A bit too much upheaval for my liking.
What do you guys make of this?

[Blue Horseshoe]

Yep the sh*t definitely hitting the turbine, something up. Watching closely.