These are superior assets and their valuation should reflect the quality of these assets. The valuation still does not. But no surprise really.
Based on comparable market deals (and consolidation activity in the csm sector) the investment community is now only starting to begin to reconsider their valuation of ESG.
TRUenergy could be seriously looking to increase it's stake up from 5% for obvious reasons in the event of t/o. But where do they find another 5% of stock.
ESG Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held
