ESG 0.00% 86.5¢ eastern star gas limited

the no vote update, page-6

  1. 937 Posts.
    Hey DB

    I don't know how the chess t+3 works but possibly those who buy today won't settle before the meeting so can't vote anyway.

    No revelation re a failure to vote being null and void, you are right.

    Reading between the lines - ESG ringing around now combined with the exposure through the media coming up - NO vote is firming in the market IMO.

    What does that tell me ? Well, break ranks, form again later to fight another day after the vote - who knows?

    Like YAQ - I am tired - of these people running the company and the garbage we have been fed.

    If the NO vote gets up and the share price goes to say, 50c, I would look at it like;

    Value per share $1.50
    discount for management $1
    Net fair value $.50

    As long as these guys were still around it would have to be cheap to get me interested.

    Stay flexible and alert :)

    all the best
 
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