ESG 0.00% 86.5¢ eastern star gas limited

all paths lead to confrontation with santos, page-26

  1. 24,386 Posts.
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    There we go again Yaqona.

    You are twisting the facts to suit yourself and your own agenda. Again.

    We were not talking about what is going on with ESG at the time. We were talking about STO and your explanation to the forum about the War between STO and BG, which in fact never existed, and it couldn't be further from the truth.

    Again you are stating that when STO saw BG coming into the scene, they gave up knowing that BG were too big for them. (The big gorilla story).

    I challenge you to prove that fact, and what you wrote.

    STO, from memory, put one bid of around $600million dollars and it was rejected. And it was also restrained by the Government as well. They went away licking their wounds, the same as BG did when they got shown the back door from Origin Energy.

    AFTER THAT, not immediately either mind you, BG put their bid in, after being rejected by Origin Energy with an insufficient bid there. ($13.5 billions from memory).

    Finally, let it be clear that STO bid amounted to around $600 millions where BG's offer amounted to quite a few billions. A hell of a lot of difference there.
    Besides, where would have STO got the money to match that bid, if it was allowed..??

    I have no arguments with what you wrote about STO saying that they would not repeat the same mistake, but, in this discussion and examples you made, that is totally irrelevant.

    All I wrote before was that you shoould do a little more and better informed research before making some low based unsabstantiated comments, only to suit your agenda.

    When anyone post on these threads, one has to realise that many people are reading their comments, and chances are that some of them may prove them wrong.

    Good luck mate. All is good on my camp.

    Buddy
 
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