ESG 0.00% 86.5¢ eastern star gas limited

have been quiet for a while as i am travelling through china at...

  1. 6,300 Posts.
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    have been quiet for a while as i am travelling through china at the moment..

    David Knox is sticking to his guns and that is to be expected..the arrogance that he is displaying will only steel the resolve of holders against this opportunistic bid and against the recommendations of the deceitfull directors..

    I voted no before i left the country..

    The deal stinks, the equivalent of AUS $0.90 is the bare minimum i would accept on the day of transaction (via a seven day vwap or whatever) and this is well short of my minimum valuation of $1.41B for ESG..i itemised the basis for this valuation some time ago..

    I won't be at the meeting but I stand ready to watch STO walk away if that is what it takes..ESG have never told us the whole story and the way STO and Knox behave (which is what I pay most attention to) seems to suggest that they know something of market sensitive information that we do not..

    DYOR
 
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