Too conservativeDuring the conference call, they put a price tag on the projects up for sale at about 2 billion.
IMO that estimate is way too low. I think they could fetch 5 billion or so.
In the scheme of things, that would be a pretty good chunk of change going to the bottom line.
It would be close to 10% of the current market cap.
Probably better to low ball what they expect to get I suppose.
It sounded as if the pay off may occur within 8 or 9 months. Plenty of bidders.