re: Ann: Goldman Sachs retained to seek buyer... jlriches.
forget about what the market ever paid for it.
You say the market paid 1.80
well, that was in bullish times.
Now the market is just having a big sook.
But what is that? What the last whinger sold his shares for.
So when it got to 20c, 80? mill mc, it was a joke, when the directors knew that devon sold the same asset for 1.1 billion.
So i say you car is worth 80 dollars, cause thats all the market, being the last person who sold your car model for, took. But you decide to take it to the scrap steel merchant, and they give you 800 dollars.
Directors know that their assets are are recently as nov sold for 1.1 billion.
So conservatively, at half of that, is 5-600 million, and that 1.50 ps.
But quality gas plays are well sought after, and we might get the full parity to devon? who knows?
Get it?
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