ESG
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0.00% 86.5¢ eastern star gas limited

locking up esg scrip, page-23

  1. alleyronin
    636 Posts.
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    12/05/11
    09:22
    Post #: 8388784
    "Very little, if any. Remembering that for one party to secure such a significant stake, they would have to pay a premium to the existing price. Like Santos did to secure their 19.99% from Hillgrove"

    Huh? HGO was the beneficiary then, not ESG. For one party to secure a significant stake in ESG they will have to pay STO a premium, not ESG.

    Unless of course they bought out ESG Directors and Associates current 12% stake. That would certainly shake things up a bit.

    Not a bad idea actually! What's 21% + 12% equal?



    ESG Price at posting: 72.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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