I have emailed the reporter from Bloomberg, to find out who initiated the story about ESG being 'open to fair and reasonable offers" , from Santos or others.
http://www.bloomberg.com/news/2011-01-17/eastern-star-says-it-s-discussing-sale-of-lng-stake-with-asian-companies.html
Was it Bloomberg wanting a story out of the blue, or was it ESG wanting to get the message out, both to the market and to Santos?
I strongly suspect the later. If you think about it, how would a Bloomberg reporter know to contact ESG at that time to ask about discussions ESG were having with Asian customers? - they wouldn't and couldn't know that.
Which means ESG, quite deliberately, wanted to get Santos (or others) to make an offer.
Either way, it means that ESG is 'on the market' at the right price.
I will let you know if and when I get a response.
Yaq
p.s. Funny how ESG is being pushed down today...
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