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Old 10-17-2010, 12:43 PM   #1190
Shazam
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Quote:
Originally Posted by SebC View Post
Still this, eh? Nenshi's position is that he likes Calgary onwning Enmax because it allows the city to do things that private enterprise might not. It's the issue that first got him into politics (he argued against selling it). Of course, he's also said that if someone made him a crazy high offer he'd have to consider it, which I don't think is unreasonable.

http://www.nenshi.ca/new/2010/462
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See, thing is, valuations are not absolutes. Tweak a few numbers here and there, especially around rate of return, and the value of an asset will vary wildly.
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