ESG
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0.00% 86.5¢ eastern star gas limited

guys and girls can you help me out, page-3

  1. hardmano
    16,270 Posts.
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    09/02/09
    12:37
    Post #: 4775386
    Bdiddy

    The BG offer for PES is the reason for the rise. It means that the sector4 remains HOT and that as the Arrow MD said on friday the juniors in the sector are very likley to get 'mopped up" over this coming year. On a relative valuation basis also the PES offer values ESG around the cuirrent price on a 2P basis (3P and contingent valuations seem to vary a great deal) .. so that caused the upside today along with takeover speculation. It happened a few weeks ago also .. run up to 70 cents.

    H
    ESG Price at posting: 59.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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