Hi Bundy,
Could you use any more conditionals :)
I used the word origin in the darwinian sense and now we have the Origin in the ORG sense
If ORG had sold down their stake in APLNG further then a bid for ESG could be possible but they are stretched from a capex point of view . As well as APLNG they have Ironbark so their commitments are large
ORG is using their DRP as a capex funder so I reckon they are too extended and value their scrip too highly to further dilute after their last CR at $13
Also STO sp is doing better so 90c Slap on the Elbow is getting closer thanks to ZOLA
We may get a chance to bail out of ESG on-market at 90c if we dont want Santo shares
Cheers
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