ESS Weekly Report, page-121

As I previously commented, I believe the progressive exercise of options is enabling traders/brokers to accumulate ESSO at cheap prices as they put downward pressure on the fully paid shares. This will all cease once we get to 30th November which is only a few trading days away. Current fully paid share price is very good value in my opinion and I have topped up this morning. It's simply a temporary set of circumstances that once passed will see ESS well funded and I expect the price to rise next week all other things being equal.

Regards
DF