re: Ann: Goldman Sachs retained to seek buyer...
this is the first time to my understanding that goldman sachs have been asked to find a "buyer" for them or their assets or other,
the previous announce 19-6-2008
"explore a broad range of strategic alternatives to enhance shareholder value and is pleased to announce that Goldman Sachs has been engaged as the Company’s financial adviser in this process."
Big difference bw appointing a Finacial Advisor, and the advise we now have, to action, to sell, to obtain real value.
Thats why this is not just another spike to 40c, and it'll go away, and drift back to the 20's
imo this is going to 75c short to med term, as posted previos my reasons why, and 1.50-3.40 possible ona devon type deal.
But, agree, that patience, and a hold mentaility required until the deal gets inked.
cheers
MAE Price at posting:
36.0¢ Sentiment: LT Buy Disclosure: Held
