ESG 0.00% 86.5¢ eastern star gas limited

Lindo,It just goes to show that BG's acquisition of QGC was...

  1. 3,666 Posts.
    Lindo,

    It just goes to show that BG's acquisition of QGC was cheap.

    What has happened to ESG's and AOE's price is the oldest trick in the book - beat down the share price and hence people's hopes, and then make a lowball offer. And then try to convince people that it is best they can expect.

    The developing economies are desperate for Australia's coal-seam gas. ESG is incredibly well placed, and DC has been talking to these LNG buyers during the last 3 weeks.

    (and ESG holders, if friends of yours who hold AOE are looking for a new place to roll over their profits, make them feel welcome at ESG. No previous experience necessary. :) )

    Y
 
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