I wouldn’t like to see the energy division sold off. I think its potential is far greater than any offer at this stage of development.
I can’t see an offer in the $hundreds of millions being acceptable to shareholders and I also can’t see a bidding war at say, an eye watering $2 billion, any time soon.
The expectations of shareholders and prospective buyers are nowhere near in sync, at this time, in my opinion.
Shooting the breeze on ADO, page-4401
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