To further my viewpoint on this offer valuation opinion. The language is infantile. How the can offer be unfair for shareholders but the advantages outweigh the disadvantages? That means it’s a MORE than fair for shareholders offer in my world “I’ll take option 2 thanks, the disadvantages over the advantages’ It’s garbage doublespeak. There was no real opinion and market sees it too.
One man’s interpretation.
ESS Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held