ESG eastern star gas limited

lateline, page-23

  1. 8,781 Posts.
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    well that was a very fiesty post from someone with a name of "Lilac" ! LOL

    the ESG Board has said almost nothing as to WHY they have decided to accept the STO proposal - which is very, very strange considering the momentous consequences of the proposal.

    it is clear that they made the decision to rely on the IER as the context in which to convey, and clarify, the reasons for their decision. I can only think that it is because they see some safety (legal) in housing their views in the IER. That way their statements would be structured and narrow.

    And, again, maybe by saying nothing much, they will comply with the STO restrictions, and not put their foot in mouth?

    just wanted to clarify that the reference to "court" that i made above, was to the Court appearances that STO/ESG need to make in order to get the Scheme docs approved, then the results of the meeting ratified by the Court after the vote.

    cheers


 
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