Interest to note the relative share price of ESS to rumoured suitor GL1. Back in mid April when ESS went into a trading halt ESS traded as high as 71c pending an unsolicited conditional bid for 100percent control of ESS.
Back then GL1 was trading circa $2.20 not far north of todays $1.99 high.
With ESS trading at 50c I cannot help by think, once again we are vulnerable to being taken out by rumoured GL1 or other suitor.
ESS Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
