re: Ann: Goldman Sachs retained to seek buyer... My calculations are $2-20 and at a fair discount, roughly $1-80 to $2.
I've published my reasons and calculations already, check recent threads. All mathematical and all accounting for gas prices and discount.
Personally, i think that they have waited until they've had confirmation of a close buyer and then released this
- Someone said what we already know - we knew they had GS for this reason, but we waited for this formal announcement for a reason.
We were never at this stage by any means and so now i think it means a deal/buyer may be close already.
And perhaps they are initiating Due Diligence - in its virgin stage.
I think the directors were sufficiently confident that a deal may be pending - it would be premature (or an unneccessary reminder of what we already know) to release todays announcement without something imminent(!) in their minds.
All IMO of course.
Add to My Watchlist
What is My Watchlist?