"Very little, if any. Remembering that for one party to secure such a significant stake, they would have to pay a premium to the existing price. Like Santos did to secure their 19.99% from Hillgrove"
Huh? HGO was the beneficiary then, not ESG. For one party to secure a significant stake in ESG they will have to pay STO a premium, not ESG.
Unless of course they bought out ESG Directors and Associates current 12% stake. That would certainly shake things up a bit.
Not a bad idea actually! What's 21% + 12% equal?
ESG Price at posting:
72.5¢ Sentiment: LT Buy Disclosure: Held