My impresion was that marion would be sold within 4 to 6 weeks. When PC via Kiwi mentioned months this took me by suprise.
I strongly suspect Marion has unofficially been for sale a lot longer than we even know and prospective companies would have have done the "math" even before the DR being open. I would imagine the first offers should be coming very soon. Havings said this the bidding process may take a lot longer. I guess a long process could be taken as good or bad sign ie. a lot of interst or no interest. Is the whole process open or we do only find out the final bid? I guess the major shareholders would be the first to informed. Anyones thoughts welcome.
MAE Price at posting:
33.5¢ Sentiment: Hold Disclosure: Held
