ESG eastern star gas limited

the creep provisions allow a company to increase their holdings...

  1. 260 Posts.
    the creep provisions allow a company to increase their holdings by 3% every 6 months without having to launch a takeover.

    its good if you are an ox predator

    we should always keep in mind that STO have 35% equity in the project outside of their ESG holding so really, after 6 months, they can buy another 3% and then own close to 50% in the project

    not sure they can control the resource with their bits here bits there structure but they will sure have a big say
 
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Currently unlisted public company.

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