Hey Zaccc....good luck with your decision....everyone has there own reasons why they invest or not in particular shares......
I personally think that now is not the time to jump out...especially when JORC is close to being finalised and announced and further deals are still to come...
all the good stuff is still to come....
As far as ESG is concerned lets hope you purchased this at the beginning of the month because if you purchased this share on the 29th the day you posted...you may have purchased it at its peak IMO......if there is a take over offer of ESG the takeover price wont be much above or below the current SP.....I am not a big fan of coal steam gas...seems too risky and the technology is a tad unreliable for me....I have looked at PEM before but lucky didnt buy into this company as the share price has taken a hammering (surprise) and dropped from $3.48 down to 16.5cents. No significant improvement of SP has resulted from the Takeover offers by CBH(rejected) and the dilution of its capital through the recent share placement with Chinese company (198million shares).
question, page-8
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