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929 Posts.
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22/10/10
19:20
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i don't think the price will go beserk. Possibly see 90-91c.
However, the pieces start falling into place with a series of announcements to be made.
Next we will see Kogas and STO announce their deal - probably within a week or two. ESG should bounce along on this.
Then we should see STO announce a $2b raising which will further fuel takeover rumours.
And then ESG should announce a resource upgrade.
Hopefully, by this stage we see the share price comfortably over $1 and buyers coming in expecting a bid in January!
Gee i would love to see $2 per share. Hopefully we have the upgrade to justify STO and friends paying up to this level.
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