ESG eastern star gas limited
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locking up esg scrip, page-11

  1. hardmano
    16,389 Posts.
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    11/05/11
    08:16
    Post #: 8382016
    buddy

    I agree STO can and will buy more shares IMHO. In fact they can "creep" by up to 3% every 6 months from my reading of the Corporations Act.

    This concerns me only in that if thye do this they will in 12 months time be stating that they have >50% of the ESG footprint (questionable as I have previously posted). And yes they will be doing it on the cheap unless ESG can get its share price sustainably higher.

    Time for an update on Tintsfield ESG!!

    H
    ESG Price at posting: 70.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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