Hey Keijo 2 things
First yes I know, SGL shareholders were so fed up with it that they where happy to get whatever but AGL did actually pay up, if you see below the 3 NSW deals done
"This is the 3rd NSW CSG transaction
1. AGL/SGL takeover $4/GJ 2P $3/GJ 3P
2. AGL/MPO's and AJL's Gloucester $2.11/GJ 2P $1/GJ 3P
3. STO/ESG not sure about 2P yet but 66c-74c/GJ 3P"
Thus $4/GJ 2P and $3/GJ 3P is very very very very expensive, especially when compared with the recent ESG/STO transaction
I mean MEL would be worth close to $4.2Billion or $22 on those metrics, so I don't think SGL went cheap at all
As for getting the value noticed by the market, well really thats managements job and unfortunately I dont think they know how to do that which is why we are where we are in terms of being so damn undervalued
Maybe we need new management?????????
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