ESG eastern star gas limited

push your chips in the middle of the table, page-25

  1. 2,927 Posts.
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    SF,

    So the ESG is now trading at your $900M valuation on the back of what fundamentals ? Pray enlighten the room on the fundamentals you claim especially for the new entrants to ownership of ESG like our goodfellow poster "Nervous" for example

    No Market = No Value - doesnt matter how much gas in place , it becomes simply a stranded deposit. A lot of Gas to find a market for.

    DC is yet to sign a GSA but the market reckons he has the potential to do so, to the extent that the market cap is now about $900M. You could sell all your shares for around 88cps today - enough liquidity for most holders unless you are one of the more esteemed of the 200-300 faceless ones.


    Cheers
 
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