WND 0.00% 99.5¢ windlab limited

Ann: Indicative proposal from Federation to Acquire 100% of WND, page-2

  1. 2,651 Posts.
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    what are people’s views on a competing bid emerging? I bought in a week ago because I like the thematic and thought a bid may be forthcoming after the Federation block trade, albeit only in v small way ($1000) given concerns around the timeframe to resolution of the ongoing EPC dispute at kennedy energy park and management’s track record post IPO. So I’m obviously happy about the bid even though it’s only a small mark to mark profit in absolute $ terms. That said, the bid does seem to have come me at an opportunistic time with the SP languishing at all time lows. From memory Lendlease Ventures is the 2nd largest shareholder with a blocking stake so it will be interesting to see what position they take
 
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