ESG 0.00% 86.5¢ eastern star gas limited

managing directors vision, page-2

  1. 205 Posts.
    Oakey,
    you are not kidding Casey will need to explain his vision!! I hope he has one after today's share placement created one hell of a lot of controversy!!
    I can't understand his thinking. They didn't need the money at the moment and in the medium future, they could have received a hell of a lot more and they didn't approach their current shareholders. Thats just for a start..then not allied with Casey's vision but a strange one anyway in what could be called a puzzling two weeks is the unusual behaviour of the "capper" that a number of HC posters have written about in the past two weeks. The one we all remarked on that appeared to be trying to hold the price down with large sell orders a couple of cents above the market price and as the share price approached his price would pull the whole order of 700-750,000 off and then place it again if the market for ESG slowed. Will the capper be evident when ESG is back on the market I hope not.
 
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