My best guess will be the sale of ERM Gas(E&P Business) into EGO, for an increased equity share in EGO. All will be subject to shareholder(EGO) approval and will leave EGO as a larger entity, i.e. the listed WA gas arm of ERM.
While they are at it, they should consolidate the shares and drop a CR into the mix, underwritten by ERM.
lets see.
Cheers, Al
short odds, page-2
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