Hi Holy, thats a crystal ball question. I believe the capper who was very evident over the past two weeks actually held the price down. Interesting speculation as to why the capper did this. Nevertheless I think Pattersons the broker who arranged this placement would be embarrassed as would ESG management if the price rose higher than the close on Monday. I reckon the capper may still be there for the first few days of trading so in my opinion we may see trading between 62-67 cents. If no capper near 70cents.
ESG Price at posting:
72.0¢ Sentiment: Buy Disclosure: Held