ESG 0.00% 86.5¢ eastern star gas limited

ESG has completely lost its legs.Think it needs the reverves...

  1. 924 Posts.
    ESG has completely lost its legs.Think it needs the reverves upgrade or some other very positive news just to
    stabalise the sp.The people that took up the spp at $0.85
    must be kicking themselves. Right now $1 even $0.90 looks
    looks a long way away.Monday could be another bad day on
    the markets and if it is we could be looking at $0.73.
    Fundamentally nothing wrong with this coy,no real bad news.
    The problem with ESG atm is the lack of news.
    On gas potential alone this co. will be a big winner one day.The biggest major mover of sp will be if it can monetise the gas.If it can do this it will easily be at
    $2 plus imo.I see this coy as a long term hold,say 2 years plus.Has plenty of gas already.Needs to MONETISE it.
 
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