ESG, as you would expect, is watching the Shell bid for Arrow with plenty of interest.
Ian Kirkham says he's glad it was Arrow first and not esg - he did not want anything to happen with an esg sp of 68 cents.
He says the shorters have been manipulating the stock and it doesn't look like they're finished yet.
By the way, he believes the offer for Arrow is less than what Shell has paid before, so based on that comment it looks like Shell may well up its offer.
Coal Seam Gas is back - this is the first corporate play for the year and surely it will not be the last.
ESG Price at posting:
78.5¢ Sentiment: Buy Disclosure: Held
