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12/08/10
10:11
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Hardmano,
I reckon whatever happens it will be in the next four months.
I suspect esg will not be around by xmas.
If it is it will be because they've told whoever is interested to bugger off and believe me they will do that if a low ball offer comes in.
The management of ESG are ambitious - they haven't been doing the hard yards for the past couple of years for $2 per share.
I reckon they want at least double that. We shall have to wait and see.
In the meantime, the world is spooked again and there may be some more buying opportunities in the next week or so.
Cheers,
B.
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