re: Ann: Goldman Sachs retained to seek buyer...
"I think the ann was an update meant to keep us interested I mean they have caveats all over it".
I cant agree with this comment. The company is being sold on an "as is" basis, loaded with bountiful upside, as opposed to conditions needing to be met etc...
Its for sale as is, right now and the upside, the shows of Oil a couple of years back etc are all things that will never materialise into the suitors pockets until the sale and they know that already.
The company is being sold with expectations that already proven aspects of it can be capitalised on by a better positioned owner. The aspects available to disappoint them when they buy are much less than the success aspects.
MAE Price at posting:
36.0¢ Sentiment: ST Buy Disclosure: Held