Originally posted by Maudib
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1. An asset is presented for sale and 2 fierce competitors bid.
2. The 2 competing bids are similar (that does not seem to be disputed)
3. The 2 competing bids are way below the wild, uninformed guesses of so called analysts
What is an observer to believe is a reasonable price for the asset... $30m-$40m as some claim or close to the $11m or whatever that the 2 rivals bid?
That's not even a sensible matter for debate... the market determines pricing... not political analysts.
Now run along back to the trough... I'm sure there's some filthy lucre in the budget for you. LOL!!
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