"The board members of ESG must act quickly before the share price is .50c and STO offers us .60c to take it over. "
there is no way imo that i can see this happening. how the hell will santos convince us (ESG holders) to accept a 60c takeover when we know they bought in at a $1?? also DC thinks the value of this company will be at least $2 billion. a offer at 60c would value ESG around $519 million, just a little bit off $2 billion.
imo we are just waiting for ESG to put the "runs on the board", and by the way it's (the SP) slowing drifting down, i interpret that as the market thinking it will happen a bit later than planned (not Dec 09, maybe Jan/Feb 10).
Add to My Watchlist
What is My Watchlist?