ESG 0.00% 86.5¢ eastern star gas limited

trading halt

  1. 205 Posts.
    I don't know about your computer but all of the recent ESG posts have gone from mine.
    H. I enjoy your posts as do a lot of people here, you obviously enjoy doing your research and know a great deal about CSG. Stayer has a point however in that ESG has taken a great deal of time indeed to much time in getting to this point. The Lateral drilling report this week although its mentions large volumes of water coming from the coal seam does point to a high gas flow. We will have to wait for the gas flows and its not likely to be this week.What I find strange is why the share placement at this time. The guys in the front bar are bemused as ESG is holding approx $30m presently. Discussions have been fierce with everyone having a different story allied by our brokers knowing the shareplacement price. To all the posters in H.C.simply ring your broker they will give you the price as some were asked into the placement. Put it this way the price appears low and I reckon management are in for a torrid time in explaining why.
 
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