esg next target, page-6

J&J,

Agree totally.

Before we start jumping on the bandwagon and assuming that the Arrow story is over, just stop, think, and consider the possibility (in fact, the likelihood) of another bid.

When Arrow management have accepted a deal that appears way too low, look beyond the obvious and consider that maybe they know another bid is coming. Like from BG.

Doesn't the Arrow acceptance seem a little too easy, and too quick? Years of work, wrapped up in a few weeks, at such a small metric, and such a small premium to the existing price?

Come on! How can anyone think that this is the endgame for Arrow?


So, let's just wait and see how things pan out at Arrow, before we start thinking CSG resources are going on sale. As we have so often seen in the past, the first bid, even if accepted subject to a better bid, is rarely the end of the story.

These stories have a long way to run yet.

Y