That is a reasonable holding...
Some DVP shareholders I remember wrote they bought into ESS recently for a "cheap" entry into DVP. I can feel possibly some nervousness that ESS won't go to DVP, therefore you would be left being ESS shareholders and DVP shareholders. Is this what is driving the commentary?
DVP shareprice might be driven to make more attractive to ESS shareholders in the last day or 2. So far very much un-impressed by DVP performance and instability.
To get the best value, ALL ESS shareholders should be pushing for a better conversion ratio or those that bought into ESS for conversion to DVP might be disappointed,,,
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Ann: DVP: DVP & ESS Transformational Transaction, page-338
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