sto/esg/gastar/hgo tranasction implications, page-44

Hey Keijo 2 things

First yes I know, SGL shareholders were so fed up with it that they where happy to get whatever but AGL did actually pay up, if you see below the 3 NSW deals done


"This is the 3rd NSW CSG transaction

1. AGL/SGL takeover $4/GJ 2P $3/GJ 3P

2. AGL/MPO's and AJL's Gloucester $2.11/GJ 2P $1/GJ 3P

3. STO/ESG not sure about 2P yet but 66c-74c/GJ 3P"

Thus $4/GJ 2P and $3/GJ 3P is very very very very expensive, especially when compared with the recent ESG/STO transaction

I mean MEL would be worth close to $4.2Billion or $22 on those metrics, so I don't think SGL went cheap at all


As for getting the value noticed by the market, well really thats managements job and unfortunately I dont think they know how to do that which is why we are where we are in terms of being so damn undervalued

Maybe we need new management?????????