re: Ann: Goldman Sachs retained to seek buyer...
"This does give some weight to the theory that they have been doing the ground work on a sale/merger over this period"
I think it would be naive to think that the process of feeling out the corporate market has just begun today . The director buying 500,000 a few months ago was a good indicator, imo .
The recent professional appointments to MAE, the IRR contracted, the Trillion cf reserve report, Oman drill - surely all these actions have been part of the process, like renovating the kitchen before selling the house .
MAE Price at posting:
29.0¢ Sentiment: ST Buy Disclosure: Held