ESG 0.00% 86.5¢ eastern star gas limited

eastern star gas in talks with potential asian, page-22

  1. 3,666 Posts.
    JT,

    Possible, I guess. But this quote seems a little more explicit that a slip of the tongue:

    "It would be for shareholders to decide, he said. Be it Santos or any other group, if its a fair and reasonable offer, we'd put it to shareholders. From our perspective we believe we can deliver on our commercialization strategy, but at the end of the day we're a public company and its a value proposition thats going to be weighed by shareholders. "

    It just doesn't sound to me like a company who is hell bent on going it alone. It sounds to me that the company is 'open for offers or bids'.

    If you are not even going to consider an offer, then there is no point telling a journalist that it is up to the "shareholders to decide". Why even suggest that is a possibility?

    IMO, it is a fairly clear statement that ESG are on the market and are open to offers. Either that, or it is incredibly sloppy by DC (which I doubt).

    Yaq
 
watchlist Created with Sketch. Add ESG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.