I think you may have misread the intent of my post.
STO wants US the small holders to sell. The entity we would be selling to on market would be the big guys hoovering up shares as a path to STO
There is the Option to NOT SELL and lodge your NO vote at the Scheme meeting
IF STO ups the ratio by 10% will you SELL ?
A lot of small holders will SELL wont they ?
Neither you nor I can stop that.
The AOE experience is there for you to review.
We cant predict what STO will do but the AOE experience shows something, that the small holders priority is self interest, and not Tilting at Windmills to try to keep AOE as an entity.
If there is a Hot-Line to Yaq please use it to get him to Call Home from which ever Planet he may be holidaying on. He is the One who has mesmerised this Forum with BlueSky talk and the Conga-Line of other bidders so long that the ESG Board has to fight them off with a club.
Where are the Other-Bidders ?
As for STO it has Risks like any other LNG project company , Like WPL with Pluto - cost blowout 33%
Small shareholders, who have not been lured to sell by STO and see that Risk as not for them, and subsequently dont want STO shares will simply Vote NO and try to stay with ESG
That is my point - We can try to RESIST the Lure of the inevitable STO sweetener and hang on until the Scheme meeting to vote NO to the Santos offer.
Cheers
ESG Price at posting:
89.5¢ Sentiment: Hold Disclosure: Held
