if sto aren't "acquisitive', what's the plan?, page-8

goodaye SF,
if Shell did make a bid, even only informal, why would the AOE directors not inform the market?
I recall some press from NHC - if someone bought the NHC parcel of 20% that seems analogous with the STO/ESG s/h stake.

The point I was trying to make was that a t/o of ESG by STO is not necessarily the end game for ESG s/h.
ESG supposedly has a huge resource.
Whilst it would be a big capital undertaking for ESG to develop said resource - AOE did it!
It had a big brother J/V partner- just like ESG does.
To develop an LNG plant at Newcastle for example, it could j/v that with a big brother customer ie get a big o/s customer as an equity partner perhaps.ESG would simply take a smaller stake of a big pie.
The AOE road from memory has been convoluted, but I suspect ESG road would be simpler.
cheers