"I believe that ConocoPhilips is an american, and they did show some interest in origin's CSM assets, about 8 billion worth I think"
OK, thats great. My point, and I'll leave it alone after this, is that ConocoPhilips didn't need a listing on a 2nd-tier exchange for them to get interested. I really can't see who the target market is for the dual listing. I doubt if any of the retired white-shoe brigade in Miami will be buying ESG and boosting our share price.
Along with all this topic, I am trying to encourage us to think and challenge. We are all sitting on a lot of losers stocks (me included) and this one is a bright light that could save most portfolios but lets not just lap up everything they do as strokes of genius.
Buying the Schramm rig and fitting it out for 24x7 lateral drilling was brilliant.
Spinning off ITT from HGO and then 12 months later making a takeover to buy it back was dumb. Casey sits on that board too. I admire the guy and his team but poor decisions need to be noted as such.
Listing on the OTCQX exchange is like IBM listng on the Bendigo Exchange
ESG Price at posting:
63.0¢ Sentiment: Buy Disclosure: Held
