ESG eastern star gas limited

concept plan?, page-15

  1. 350 Posts.
    "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).
 
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Currently unlisted public company.

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